China’s July data dump: Downbeat across all indicators (Aussie hits lows)

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China’s July retail sales YoY, the number arrived at +7.6% vs. +8.6% exp and +9.8% last, with industrial output YoY at +4.8% and +5.8% exp and +6.3% last.

Meanwhile, urban investment YoY stood at +5.7% vs. +5.8% expected and +5.8% last. 

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