China’s Oct data dump: Retail Sales miss estimates with 4.3%, Industrial Production rises 6.9%
|China’s October Retail Sales YoY, the number arrived at +4.3% vs. +5.0% exp and +3.3% last, with Industrial Output YoY at +6.9% and +6.5% exp and +6.9% last.
Meanwhile, Fixed Asset Investment YoY stood at +1.8% vs. +1.6% expected and +0.8% last.
Additional details
China Oct nationwide survey-based jobless rate at 5.3%.
China Oct survey-based jobless rate in 31 major cities at 5.3%.
China's economy created 10.09 mln jobs in Jan-Oct.
Impact on AUD/USD
The mixed Chinese macro numbers served, failed to have any impact on the aussie dollar. The AUD/USD pair remains on the bid around 0.7295 on the data release, up 0.34% on the day.
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