China August data dump: Retail sales rise to 9.0%, industrial output a tad firmer at 6.1%

China’s August retail sales YoY, the number came in at 9.0% vs 8.8% exp and 8.8% last, with industrial output YoY at 6.1% and 6.0% exp and 6.0% last. Meanwhile, urban investment YoY dropped to a new record low of 5.3% vs 5.5% expected and 5.5% last, the latest release by the National Bureau of Statistics (NBS) showed on Friday.

The private sector fixed-asset investment rose 8.7% in January-August versus an increase of 8.8% in the first seven months. 

Mixed Chinese macro numbers had little effect on the Australian Dollar, keeping the AUD/USD pair on the offers near the 0.7270 region, while AUD/JPY wavers around the 80.40 level.

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