China's Nov data dump beats expectations

China's data dump came better-than-expected in November, especially retail sales, which saw a positive deviation of 0.7p. Industrial production also printed a mild improvement, while urban investment was unchanged. The data is a positive development for the Australian Dollar, which continues to battle through offers around the 0.75 vicinity. 

Headlines

November Industrial Production y/y 6.2% vs 6.1% exp and 6.1% last

November Urban Investment YTD y/y came at 8.3% vs 8.3% exp and 8.3% last

November Retail Sales y/y was 10.8% vs 10.1% exp and 10.0% last