China's retail sales growth slowed more than expected in April, the latest report from the National Bureau of Statistics showed Friday.
Retail sales increased 14.1 percent year-on-year in April, slower than 15.2 percent increase in March. Economists had forecast the rate of growth to edge down to 15.1 percent.
During the first four months of the year, retail sales increased 14.7 percent compared to the same period last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.