Growth in China's industrial production and retail sales eased more-than-expected in May, official data revealed Wednesday.
According to the National Bureau of Statistics, industrial production grew 8.8 percent on a yearly basis in May, weaker than the economists' forecast of 9 percent and April's 9.8 percent increase.
For comments and feedback contact: editorial@rttnews.com
Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.