Data dump – econ data
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China’s stats bureau published the monthly econ data for August on Friday.
The headlines:
Retail sales rose 5.4% y/y in August, up from a 2.7% y/y increase in July.
Fixed-asset investment (FAI) rose 6.5% y/y in August, compared with 3.5% y/y growth in July.
Value-added output at industrial firms ro...