Get Breaking Alerts on Stocks Before The Mainstream Media

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address
We guarantee you to keep your privacy
Connect with us
Financial Press
dow-jones-newswires:-china’s-economy-slows-unexpectedly-as-rebound-sputters
dow-jones-newswires:-china’s-economy-slows-unexpectedly-as-rebound-sputters

Breaking

Dow Jones Newswires: China’s economy slows unexpectedly as rebound sputters

China’s economic growth unexpectedly slowed in July after a blip of accelerated recovery in June, official data showed on Monday.

Industrial production rose 3.8% from a year earlier, down slightly from the 3.9% increase in June, according to data released by the National Bureau of Statistics. That fell short of the 4.5% growth expected by economists polled by The Wall Street Journal.

Get Breaking Stock Alerts

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address
We are Spam free & Secure 🙂

Retail sales, a key metric for consumption, grew 2.7% from a year earlier in July, lower than June’s 3.1% expansion and the 5% increase expected by the surveyed economists.

China’s fixed-asset investment rose 5.7% in the January-July period from the year-earlier period. That is slower from the 6.1% pace recorded in the first half of the year and also lower than the 6.2% growth expected by the economists.

China’s central bank lowered two key policy rates earlier on Monday, just ahead of the release of major economic indicators.

Written By

Click to comment

Leave a Reply

Your email address will not be published.

Related Articles

Breaking

Selling water in a can appears to be working for Liquid Death, a three-year old environmentally conscious startup that just secured another funding round...

Breaking

“We are assuming a highly stressed situation during the coming winter.” That was Hendrik Neumann, chief technical officer of German electricity grid operator Amprion,...

Breaking

The British pound rose and gilt yields fell a second day after reports that U.K. Chancellor Kwasi Kwarteng will publish debt-reducing plans early, a...

Breaking

Although Kim Kardashian neither admitted to nor denied allegations brought by the Securities and Exchange Commission, the reality-TV personality’s $1.26 million fine for failing...

Get Breaking Stock Alerts

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address
We are Spam free & Secure :)

Get Breaking Stock Alerts

Email address

Get Breaking Stock Alerts

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address