China Industrial Output May 2025 +5.8% y/y (expected 5.9%, prior +6.1%)

• Chinese retail sales and investment data published also
  

That’s a very good retail sales result, well ahead of expected and April. Retail sales is an indication to household consumption.

• at 6.4% y/y it’s the fastest since December 2023

Industrial production was a slight miss, and the slowest growth since November 2024.

More:

• China end-May surveyed unemployment rate 5.0% vs. 5.1% expected, 5.1% prior