China’s April Industrial output up 7.3%

• Industrial production in China was up 7.3% in China YoY in April but below analysts expectations of 8.6% following the 8.3% gain in March.
• QoQ Q1 industrial output was up 5.1%
• Among individual components YoY
• Textiles were +7.8%
• Non-metals +11.7%
• Ferrous metals –1.7%
• Telecom equipments +1.1%
• Crude coal +7.9%
• Crude oil +0.8%
• Electricity down –3.5%
• Pig iron +0.4%
• Crude steel –3.9%
• Rolled steel +2.6%
• Cement +12.9%
• Automobiles +17.3%

Source: RTT News