China Nov data dump: Industrial production a beat, Retail sales meet estimates

Dhwani Mehta FXStreet

China’s Nov retail sales YoY, the number came in at +10.2 vs 10.2% exp and 10.0% last, with industrial output YoY at 6.1% and 6.0% exp and 6.2% last. Meanwhile, urban investment YoY stood at +7.2% vs 7.2% expected and 7.3% last.

The slight improvement seen in the data added to the upside in the Australian Dollar, keeping the AUD/USD pair near five-week highs of 0.7673, while AUD/JPY traders firmer near 86.50 levels.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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