China's August industrial output accelerates to 5.2% growth, retail sales slow to 0.4% rise
Macro
In August economic indicators released by China's National Bureau of Statistics on the 15th, industrial production rose 5.2% year-on-year, accelerating from July's 4.5% growth and exceeding the market forecast of 4.8%. Meanwhile, retail sales rose 0.4%, slowing from July's 0.6% increase and falling short of analysts' forecast of 0.8% growth. Fixed asset investment for January to August fell 7.2% as expected, widening the decline from a 6.7% drop in January to July.
