China's industrial production logged a mild recovery in May and retail sales fell less than expected with the gradual relaxation of pandemic-related restrictions, official data showed on Wednesday.
Industrial production rose 0.7 percent on a yearly basis in May, reversing the 2.9 percent fall in April, data from the National Bureau of Statistics showed. Production was forecast to drop 0.7 percent.
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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.