Chinese retail sales: Slowest growth recorded since August 2024; external instability, domestic pressures & more concerns weigh
Chinese retail sales: Slowest growth recorded since August 2024; external instability, domestic pressures & more concerns weigh
China's consumer spending growth slowed to its weakest pace in over a year in October, with retail sales rising just 2.9%. This highlights ongoing challenges in boosting household confidence amid property market stress and external uncertainties. Factory output also missed expectations, indicating a broader economic slowdown.
China's consumer spending growth slowed to its weakest pace in over a year in October, with retail sales rising just 2.9%. This highlights ongoing challenges in boosting household confidence amid property market stress and external uncertainties. Factory output also missed expectations, indicating a broader economic slowdown.
China's consumer spending growth slowed to its weakest pace in over a year in October, with retail sales rising just 2.9%. This highlights ongoing challenges in boosting household confidence amid property market stress and external uncertainties. Factory output also missed expectations, indicating a broader economic slowdown. 
