China’s Q1 data dump came yesterday. In this data dump, typically earlier released data is held back to be released with the quarterly GDP numbers. First quarter GDP came in +4.5%, well above Q4’22 of 2.9%. The three broad sectors growth was +3.7% for primary sector (agriculture), +3.3% for secondary (mining, heavy industry, manufacturing and utilities)…
THE BRIEF: March retail sales, Industrial production, Differentials, Jobless rate, Notable reads
Trying to make sense of things
