It was the 13th straight month of growth in industrial output but the softest pace in three months, mainly due to a slowdown in manufacturing activity and a decline in mining production.
Meanwhile, China Jan-May private sector fixed-asset investment -0.1% Y/Y. China Jan-May infrastructure investment +7.5% Y/Y and the Fixed Asset Investment increased 4.0% YTD Y/Y in May vs 4.4% expected and 4.7% last.
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