China's industrial production and retail sales expanded at faster rates in April but both missed expectations signaling that monetary policy easing might be needed to regain the strength experienced after the scrapping of zero-Covid policy.
Industrial production posted an annual growth of 5.6 percent in April, faster than the 3.9 percent increase in March, the National Bureau of Statistics said Tuesday. However, the pace of expansion was weaker than economists' forecast of 10.9 percent.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.