Retail sales, a key measurement of consumer spending in the world’s most populous nation, grew by 8.5 per cent in July, down from the 12.1 per cent increase in June. Photo: Bloomberg Retail sales, a key measurement of consumer spending in the world’s most populous nation, grew by 8.5 per cent in July, down from the 12.1 per cent increase in June. Photo: Bloomberg
Retail sales, a key measurement of consumer spending in the world’s most populous nation, grew by 8.5 per cent in July, down from the 12.1 per cent increase in June. Photo: Bloomberg

China’s economic recovery ‘unstable, uneven’ as retail sales, industrial production growth slows

  • Retail sales and industrial production grew by 8.5 per cent and 6.4 per cent, respectively, in July from a year earlier
  • Fixed-asset investment grew by 10.3 per cent in the January-July period, while the surveyed jobless rate stood at 5.1 per cent in July, from 5 per cent in June

Topic |   China's economic recovery
Retail sales, a key measurement of consumer spending in the world’s most populous nation, grew by 8.5 per cent in July, down from the 12.1 per cent increase in June. Photo: Bloomberg Retail sales, a key measurement of consumer spending in the world’s most populous nation, grew by 8.5 per cent in July, down from the 12.1 per cent increase in June. Photo: Bloomberg
Retail sales, a key measurement of consumer spending in the world’s most populous nation, grew by 8.5 per cent in July, down from the 12.1 per cent increase in June. Photo: Bloomberg
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