Market WATCh Weekly 19 November 2021

Market WATCh Weekly 19 November 2021

October 19, 2021

In Australia, the wage price index rose by 0.6% in Q3, to be up 2.2% through the year. ANZ survey consumer inflation expectations rose back to eight-year highs. Western Australian real GSP rose by 2.6% in 2020-21. Offshore, US retail sales and industrial production grew more than expected in October. Growth in Chinese retail sales and industrial production improved but remained soft in October, while growth in urban fixed asset investment slowed. Chinese steel output fell to the lowest level since 2017.

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