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China Industrial Production Rises 6.0% In May

Industrial output in China was up 6.0 percent on year in May, the National Bureau of Statistics said on Monday - in line with expectations and unchanged from the previous month.

Year to date, output is up 5.9 percent.

The bureau also said that retail sales were up 10.0 percent on year - shy of forecasts for 10.1 percent, which would have been unchanged.

Year to date, sales are up 10.2 percent.

Also, fixed asset investment gained an annual 9.6 percent. That was well shy of expectations for 10.5 percent, which would have been the same as the April reading.

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