Dow Jones Newswires: China’s consumption, investment cool further in July

by | Aug 14, 2023 | Stock Market

China’s consumption and investment cooled further in July while factory production growth decelerated, official data showed Tuesday. China’s retail sales, a key metric for the country’s consumption, rose 2.5% from a year earlier in July, down from a 3.1% year-on-year increase in June, said the National Bureau of Statistics. The result undershot…

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China’s consumption and investment cooled further in July while factory production growth decelerated, official data showed Tuesday. China’s retail sales, a key metric for the country’s consumption, rose 2.5% from a year earlier in July, down from a 3.1% year-on-year increase in June, said the National Bureau of Statistics. The result undershot…

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