Economic news

China April Industrial Output, Retail Sales Growth Slow

BEIJING, May 19 (Reuters) - China's industrial output in April grew 6.1% from a year earlier, slowing from 7.7% growth in March, official data showed on Monday.

The data released by the National Bureau of Statistics surpassed expectations for a 5.5% increase in a Reuters poll of 24 analysts.

Retail sales, a gauge of consumption, rose 5.1% in April, slowing from a 5.9% increase in March. Economists had expected retail sales to grow 5.5%.

Fixed asset investment expanded 4.0% in the first four months of 2025 from the same period a year earlier, compared with expectations for a 4.2% rise. It grew 4.2% in the first quarter.

Reporting by Tina Qiao, Ethan Wang, Ellen Zhang and Ryan Woo; Editing by Jacqueline Wong

Source: Reuters


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