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China July industrial output, retail sales growth miss expectations

China July industrial output, retail sales growth miss expectations

Tue, Aug 15, 2023

China's industrial output grew 3.7 per cent in July from a year earlier, slowing from the 4.4 per cent gain seen in June, while retail sales also rose at a slower pace last month, suggesting Beijing will need to step up support measures to bolster a stuttering economy.

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