Anonymous ID: 97dba2 March 15, 2020, 7:33 p.m. No.8432180   🗄️.is 🔗kun

February China Economic Data Collapses Massively More Than Expected

 

While it may not be a surprise to too many people in the real world that Chinese macro-economic data for February was a disaster, it appears it was a massive shock to analysts and economists who forecast this data.

 

-Chinese Retail Sales crashed 20.5% YTD YoY - the first annual drop on record and four times worse than the -4.0% expectation

 

-Chinese Industrial Production collapsed 13.5% YTD YOY - the first annual drop on record and more than four times worse than the -3.0% expectation

 

-Fixed Asset Investment plunged 24.5% YTD YoY - the first annual drop and more than twelve times worse than the expected 2.% contraction.

 

And to go with those stunning numbers, Property Investment puked 16.3% YTD YoY and the Surveyed Jobless Rate exploded to a record 6.2%. The retail collapse was across the board - restaurants and catering down 43.1%, clothing down 30.9%, jewelry down 41.1% are some of the bigger drops.

https://www.zerohedge.com/economics/february-china-economic-data-collapses-massively-more-expected

Anonymous ID: 97dba2 March 15, 2020, 7:44 p.m. No.8432285   🗄️.is 🔗kun

>>8432268

They have been visible before but not every one of them. It depends on when they get switched on etc. But yes some have been visible over the last 2 years.