China's industrial production and retail sales grew at a faster pace in April, data from the National Bureau of Statistics revealed Monday.
Industrial production increased 9.3 percent year-on-year in April, faster than a 8.9 percent rise in the previous month. This was roughly in line with forecast of 9.4 percent rise.
Retail sales increased 12.8 percent annually in April, as expected. This was stronger than 12.6 percent rise recorded in March.
Urban fixed asset investment in China increased 20.6 percent in the January-April period compared with forecast for a 21 percent growth. In the first three months of the year, investment was up 20.9 percent.
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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.