SHANGHAI, Sept. 14 (SMM) –China’s industrial value-added and retail sales were both lower than expected in August.
Value-added at above-designated size Chinese industrial enterprises rose 6% year-on-year in August, versus 6.6% growth expected and 6.4% growth in July. The figure rose 6.7% year-on-year during January-August, below forecast for 6.8% growth and 6.8% growth during January-July.
China’s consumer goods retail sales rose 10.1% year-on-year in August, below 10.5% growth expected and 10.4% growth in July. The figure was up 10.4% year-on-year during January-August, flat with forecast and growth during January-July.
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: email@example.com or firstname.lastname@example.org.