Logo 16 Jul 2024

Retail sales fall month-on-month in June

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Household consumption remains sluggish.

That’s the big takeaway from China's June econ data, published by the stats bureau (NBS) on Monday.

In June:

Industrial value-added (IVA) grew by 5.3% y/y, down from 5.6% growth in May
Fixed asset investment (FAI) grew by 3.6% y/y, up from 3.4% the previous...