China’s retail sales, industrial production beat expectations in August

China’s retail sales, industrial production beat expectations in August

  • Retail sales grew by 5.4% in August from a year ago, topping a Reuters forecast for 3.5% growth.
  • Fixed asset investment for the first eight months of the year also beat expectations, despite a greater drag from real estate.
  • On Friday, National Bureau of Statistics spokesperson Fu Linghui told reporters more than once that insufficient domestic demand is a significant problem.

https://www.cnbc.com/2022/09/16/china-economy-august-industrial-output-retail-sales.html


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