China's retail sales and industrial production as well as fixed asset investment grew more than expected during the January to February period, signaling a strong start to the year.
Retail sales advanced 6.7 percent on a yearly basis in January to February period, data from the National Bureau of Statistics showed on Tuesday. This was bigger than the economists' forecast of 3.0 percent but the pace of growth slowed from 12.5 percent expansion seen in December.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.