China's Economic Indicators Show Mixed Results for June

Monday, 15 July 2024, 02:01

The latest data from China reveals that June industrial output surpassed expectations by growing 5.3% year-on-year, while retail sales saw a slight increase of 2.0% compared to the expected 3.3% figure. This comes amidst ongoing scrutiny over China's economic performance in the second quarter.
ForexLive
China's Economic Indicators Show Mixed Results for June

China's Economic Performance in Q2:

The industrial output in June surged by 5.3% year-on-year, surpassing the expected figure.

Retail Sales Growth:

Retail sales increased by 2.0%, falling short of the anticipated 3.3% growth rate.

  • Unemployment Rate: The latest figures for unemployment rate.
  • Investment Data: Insights into China's investment trends.

The mixed results suggest a nuanced outlook for China's economy in the current quarter.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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