KURE - China retail sales growth slumps unexpectedly in June; industrial output growth beats estimates
2024-07-15 01:27:29 ET
China's retail sales rose by 2% year-on-year in June 2024, falling short of market forecasts of 3.3% and notably slowing from a 3.7% gain in the previous month, marking the 17th consecutive month of growth in retail trade, albeit the softest in the sequence....
China retail sales growth slumps unexpectedly in June; industrial output growth beats estimates