China’s economy takes hit from Delta as consumers pull back

Retail sales growth slowed sharply to 2.5% from a year ago, the National Bureau of Statistics said on on Wednesday. Industrial output rose 5.3%, versus the median estimate of 5.8%. Fixed-asset investment in the first eight months of the year was largely in line with projections, rising 8.9%. The unemployment rate was unchanged at 5.1%.



September 15, 2021 at 09:57AM