China’s annualized GDP for the second quarter of 2021 came in at 7.9%, compared to 8.1 percent predicted and 18.3 percent the previous quarter, with a QoQ reading of 1.3 percent, compared to 1.2 percent expected and 0.6 percent the previous quarter.
Retail sales increased by 12.1 percent year over year, compared to 11.0 percent last year and 12.4 percent the year before, while industrial output increased by 8.3 percent, compared to 7.8 percent last year and 8.8 percent the year before.
Meanwhile, fixed asset investment increased by 12.6 percent year over year, compared to 12.1 percent predicted and 15.4 percent previous year.
China’s first-quarter GDP increased by 12.7 percent year on year.
China’s two-year average GDP growth was +5.5 percent in the second quarter.
China’s GDP for the first quarter of 2021 has been revised to +0.4 percent q/q, down from +0.6 percent QoQ.
China’s private sector fixed-asset investment increased by 15.4 percent year on year in the first quarter.
China’s infrastructure investment in the first half of the year increased by 7.8% year on year.
China’s jobless rate was 5.0 percent in June, according to a countrywide survey.
China’s jobless rate in 31 major cities was 5.2 percent in June, according to a poll.
In January-June, China’s economy added 6.98 million urban employment.
The Australian Dollar was little affected by the mixed data, with the AUD/USD pair holding the offered tone near daily lows of 0.7463, while the AUD/JPY attacked 82.00./n
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