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China April data misses badly, Iran war and weak demand weigh. Retail sales growth plunge
China's economy lost significant momentum in April, with industrial output and retail sales both badly missing forecasts, as the compounding pressures of higher energy costs from the Iran war and chronically weak domestic demand took hold. Factory output rose 4.1% from a year earlier, a sharp deceleration from the 5.7% recorded in March and the slowest pace of growth since July 2023. The reading fell well short of analyst expectations centred on 5.9% growth. Retail sales, the primary gauge of household consumption, rose just 0.2% in April, cooling sharply from 1.7% in March and marking the weakest gain since December ... (full story)
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From think.ing.com | May 18, 2026
Chinas retail sales slowed to just 0.2% year-on-year in April, down from 1.7%, coming in much worse than market forecasts for a modest acceleration. This was the slowest month of growth since 2022. The weakness of retail sales was broad-based. There are two key themes for this month's data. The first theme is that we're now paying the price for ...
In the January-April period, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments fully implemented the decisions and arrangements made by the CPC Central Committee and the State Council, adhered to the general principle of pursuing progress while ensuring ...
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