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China’s industrial production, retail sales miss expectations; youth unemployment hits record high

China’s industrial production, retail sales miss expectations; youth unemployment hits record high
China’s industrial production growth fell short of expectations in April, with a year-on-year increase of 5.6% yoy, significantly under expectation of 10.1% growth. Despite missing the mark, the growth rate outpaced March’s 3.9% yoy rise and marked the fastest expansion since September 2022. Retail sales also grew less than expected, posting 18.4% yoy rise, which […] The post China’s industrial production, retail sales miss expectations; youth unemployment hits record high appeared first on Acti... Read More
Posted: May 16 2023, 04:43
Author Name: actionforex
Views: 111549

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