China’s May data dump: Retail Sales and Industrial Output miss estimates

China’s May Retail Sales YoY, the number arrived at +12.4% vs. +13.6% expected and +17.7% last, with Industrial Production YoY at +8.8% and +9.0% expected and +9.8% last. 

Meanwhile, Fixed Asset Investment YoY stood at +15.4% vs. +16.9% expected and +19.9% last. 

more to come ...