China's industrial production rose 14% in July from a year ago, below forecasts for a 14,6% expansion. In June, growth was 15,1% year-on-year. On a monthly basis, the result is +0,9%. Investment in fixed assets, the primary driver of China's economic growth, rose 25,4% compared to July 2010.
The growth of retail sales in July, with the highest inflation in the last three years (in July it rose to 6,5%), was 17,2%, just below +17,7, 17,9% in June and lower than forecasts which predicted a +1,3%. On a monthly basis, the progress is XNUMX%.
