China retail sales, industrial output, investment data for January - February 2025. January and February combined to help ease the volatility the data would show otherwise over the moveable Lunar new Year holiday.

Retail Sales 4.0%

  • expected 4.0%, prior 3.7%

Industrial Production 5.9%

  • expected 5.3%, prior 6.2%

Fixed Asset Investment 4.1%

  • expected 3.2%, prior 3.2%

Unemployment Rate 5.4%

  • expected 5.1%, prior 5.1%

These are better figures, except for the jobless rise. I suspect that a rising unemployment rate will prompt more stimulus from China more than other data point. Indeed, we are getting a steady flow of stimulus announcements. This the latest:

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china services 06 May 2024 2
Source: Forex Live