Thread by @Sino_Market

JUST IN
China Q2 GDP data:
Q2 GDP YoY +0.4%[Est.+1.0%;Prev.+4.8%]
Q2 GDP QoQ -2.6%[Est.-1.5%;Prev.+1.3%]
#China #GDP #EconTwitter 🇨🇳
More data will be updated in this thread.
1/

China' June urban surveyed unemployment rate 5.5%[Est. 5.7%; Prev. 5.9%]
Jan-June urban fixed investment +6.1% y/y [Est.+6.0%;Prev.+6.2%]
June industrial value-added +3.9% y/y [Est.+4.1%;Prev.+0.7%]
June retail sales +3.1% y/y [Est.0%;Prev.-6.7%]
#China #GDP #EconTwitter 🇨🇳
2/

In June, #China's total retail sales were recorded at 3.87 trillion yuan, up 3.1% y/y or up 0.53% m/m.
Among them, retail sales of goods were 3.50 trillion yuan, which rose by 3.9% y/y; The total revenue for the catering industry was 376.6 billion yuan, down 4.0%.
3/

#China's Jan-June nationwide fixed-asset investment increased by 6.1% y/y to 27.14 trillion yuan, recovered by 0.95% m/m.
The investments in #mining rose 9.8% y/y in the first 6 months, and the #manufacturing industry added 10.4% y/y.
4/ #econtwitter #investment 🇨🇳

#China's June industry output increased by 3.9% y/y or rose by 0.84% m/m.
#Crudeoil refinery -9.7% to 55 million tons per day.
Power generation +1.5% to 0.71 TWh.
Automobile production +26.8% to 2.577 mln units
#Steel production -2.3% to 1.18 trillion tons.
5/ #OOTT #EconTwitter

#China's Jan-June #realestate development investment fell by 5.4% y/y to 6.83 trillion yuan.
Residential housing sales areas dropped by 22.2% y/y to 689 million square meters, and the total sales dropped 28.9% y/y to 6.61 trillion yuan.
Sentiment 95.4📉
6/ #property #housing

#China's June activity data digest (YoY)
---
Industrial Production
#Mining +9.5%
#Manufacturing +2.8%
Electricity, thermal power, gas, and water +3.9%
NEVs +111.2%
Solar cells +31.8%
Foreign firms -2.1%
---
7/ #Econtwitter

#Steel production -2.3% to 1.18 billion tons.
*billion, not trillion.