China’s growth stumbles in July as retail sales, industrial output miss forecasts
Posted by bononoisland
China’s growth stumbles in July as retail sales, industrial output miss forecasts
Posted by bononoisland
3 Comments
Large and important dataset out today:
> Retail sales last month rose 3.7% from a year earlier, sharply missing analysts’ estimates for a 4.6% growth.
>Industrial output rose 5.7% from a year ago in July, its weakest level since November last year.
>Fixed-asset investment expanded 1.6% this year as of July, slowing from 2.8% in the first six months.
“almost forgot, this is what it was all about” – former American smol business owner (bankrupt)
Global recession back on the menu boys!