BLOOMBERG Bloomberg Markets Asia July 14, 2024
Weakest number in 17 years. This is below that number. Retail sales also weaker than expected. The expectation was for 7. 9. You are looking at 7. 5 year on year for august. Again, below the july number as well. In terms of fixed asset investment, we are focused on the private sector and estate sector, also missing the surveys. 5. 5 . The survey had 5. 7 . So this is pretty weak data. In terms of retail data, we have seen month on month auto sales for example, a big component and retail sales, falling almost double digits. In terms of Industrial Production you have seen the impact of tariffs, ...