INDUSTRIAL production in China has increased 6.4 per cent year-on-year in July, with analysts expecting output to rise to 7.8 per cent after growing 8.3 per cent in June, reports Reuters.
Retail sales increased 8.5 per cent in July from a year ago, lower than the forecast 11.5 per cent rise and June's 12.1 per cent increase.
Consumption, industrial production, and investment could all slow further in August due to Covid crisis controls and tightening measures in the property sector and high-polluting industries.
SeaNews Turkey
Retail sales increased 8.5 per cent in July from a year ago, lower than the forecast 11.5 per cent rise and June's 12.1 per cent increase.
Consumption, industrial production, and investment could all slow further in August due to Covid crisis controls and tightening measures in the property sector and high-polluting industries.
SeaNews Turkey