The global data released over the past month suggested that the pace of growth in Australia's major trading partners had remained close to its long-run average. In China, growth in a range of key indicators had been running at a somewhat slower pace than over the course of 2013, with outcomes having been a little mixed of late. Growth in industrial production increased a touch in March and April, and PMIs picked up in May, while, in contrast, a range of other indicators, including various measures of freight, had shown more moderate growth than in 2013. The slower growth in residential investment was consistent with ... (full story)