China data May 2026: Industrial output +4.5% y/y (expected +4.2%)

May month data from China.

Industrial Production 4.5% y/y

• expected 4.2%, prior 4.1%

Retail Sales -0.6% y/y, first decline since the pandemic

• expected flat at 0%, prior 0.2%

Fixed Asset Investment (YTD) -4.1% y/y

• expected -2%, prior -1.6%,

Unemployment Rate 5.1%

• expected 5.2%, prior 5.2%

I’ll have more to come on this separately

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Earlier:

• China house prices May 2026 -3.5% y/y (prior -3.5%)

This article was written by Eamonn Sheridan at investinglive.com.