China’s GDP expands 7.9% YoY in Q2 2021 vs. 8.1% expected, AUD/USD in lows

China's annualized GDP figures for the second quarter of 2021 arrived at 7.9% vs. 8.1% expected and 18.3% previous, with the QoQ reading coming in at 1.3% vs. 1.2% expected and 0.6% last.

With regard to retail sales YoY, the number was 12.1% vs. 11.0% exp and 12.4% previous, with industrial output YoY at 8.3% and 7.8% exp and 8.8% prior.

 

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