China's industrial production growth eased at a faster-than-expected pace in April, official data from the National Bureau of Statistics showed Monday.
Industrial production climbed 6.5 percent year-over-year in April, slower than the 7.6 percent rise in March. Economists had expected the growth to moderate to 7.0 percent.
Retail sales surged 10.7 percent annually in April, just below the 10.9 percent spike in the prior month. The expected rate of growth for the month was 10.8 percent.
The statistical office also revealed that country's fixed asset investment grew at a slightly slower pace of 8.9 percent in April from a year ago, following a 9.2 percent hike in March. It was forecast to increase by 9.1 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.