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China October Retail Sales 10.0% y/y (expected 10.5%)

China retail sales data for October
Retail Sales 10.0% y/y … a big miss
– expected 10.5%, prior 10.3%
Retail Sales YTD 10.3% y/y … miss
– expected 10.5%, prior 10.3%
The result on the soft side for retail sales has some analysts saying sales were pulled out of October into November due to the ‘singles day’ (November