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Business
China's July Factory Output and Retail Sales Fall Short of Expectations
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🗓 18 Aug 2026, 04:18 AM
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China reported a 0.4% rise in July factory output and a 1.2% increase in retail sales, both below analysts’ forecasts, indicating a slowdown in domestic demand.
China’s July factory output grew by 0.4% year‑on‑year, falling short of the 0.7% growth forecast.
Retail sales increased 1.2% month‑on‑month, below the 1.5% expected by market analysts.
The dip in factory activity and retail spending points to a cooling in domestic demand amid ongoing global supply‑chain disruptions.
Economists warn that the weaker manufacturing momentum could hinder China’s 2024 GDP growth target.
Retail sales increased 1.2% month‑on‑month, below the 1.5% expected by market analysts.
The dip in factory activity and retail spending points to a cooling in domestic demand amid ongoing global supply‑chain disruptions.
Economists warn that the weaker manufacturing momentum could hinder China’s 2024 GDP growth target.