China GDP eases to 6.4% y/y in Q4 2018, meets estimates

China's YoY GDP figures for the fourth quarter of 2018 came at +6.4% vs +6.4% exp and 6.5% previous, with the QoQ reading for Q4 coming in at +1.5% vs +1.5% exp and +1.6% last. 

With regards to retail sales YoY, the number was in +8.2% vs 8.2% exp and 8.1% last, with industrial output YoY at 5.7% and 5.3% exp and 5.4% last. Meanwhile, urban investment YoY stood at +5.9% vs 6.0% expected and 5.9% last. 

The mixed data served had a positive impact on the Australian Dollar, sending the AUD/USD pair back to 0.7170 levels, with AUD/JPY regained 78.50 barrier.

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