Nothing shocking in the numbers. Slowdown in data still in effect, although it moderated in most cases.
November SOE fixed asset investment as a share of total FAI was the third highest percentage in 2017. It was only one of three months that exceeded 37 percent. (The low was 35.2 percent in March.)
All data from NBS or PBoC.
CBA: RBA to cut rates in November
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By Gareth Aird, head of Australian economics at CBA: Key Points: The
Australian Q1 24 CPI came in stronger than we forecast. As a result we
shift our cen...
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