VOT Research Desk
The country’s Industrial Production came in at 2.2% YoY vs. 3.6% projected and 5.0% prior, while China’s November Retail Sales YoY fell 5.9% vs. 3.6% expected and -0.5% previous.
In contrast, fixed asset investment decreased to 5.3% YoY in November, down from 5.6% projected and 5.8% the previous month.
The negative data release from China has had no impact on the Australian currency.
The AUD/USD pair is near 0.6850, down 0.25% on the day.
