China's industrial production and retail sales logged weaker-than-expected growth in April, official data revealed Monday.Industrial production rose 4.1 percent in April from the last year, the National Bureau of Statistics reported. The growth fell short of the expected rise of 6.0 percent and remained below March's increase of 5.7 percent. At the same time, retail sales grew only 0.2 percent af...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.