China’s retail sales and industrial output growth undershot expectations last month, as the country’s economy started to show strains from US President Donald Trump’s tariff war and domestic weaknesses.
Retail sales rose 3.4 per cent year on year, official data showed on Monday, falling short of analysts’ forecasts of 3.9 per cent and July’s 3.7 per cent gain.
Industrial output grew 5.2 per cent last month against a year earlier, slowing from a 5.7 per cent expansion in July. Both figures were the slowest pace of growth since November 2024.
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