China’s GDP expands 4.8% YoY in Q1 2022 vs. 4.4% expected, AUD/USD uninspired

China's annualized GDP figures for the first quarter of 2022 arrived at % vs. 4.4% expected and 4.0% previous, with the QoQ reading coming in at 1.3% vs. 0.6% expected and 1.6% previous.

With regard to Retail Sales YoY for March, the number was -3.5% vs. -1.6% expected and 6.7% previous while Industrial Output YoY came in at 5.0% and 4.5% expected and 7.5% prior.