Logo 17 Aug 2021

Data dump – July econ data

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China’s stats bureau published the monthly econ data for July on Monday.
The headlines:

 Retail sales rose 8.5% y/y in July, down from 12.1% y/y growth in June.
Fixed asset investment fell by 0.8% y/y in July, compared with 4.7% y/y growth in June.
Value-added output at industrial firms rose 6...