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2024-11-15 02:01:15

Layer3.news on Nostr: South China Morning Post CHINA’S RETAIL SALES GROWTH HITS 7-MONTH HIGH ON ...


CHINA’S RETAIL SALES GROWTH HITS 7-MONTH HIGH ON STIMULUS, PROPERTY DRAG CONTINUES


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✍️ China's consumption posted strong growth in October, beating expectations and increasing hopes for achieving the country's annual economic growth target.
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👉 Retail sales increased by 4.8% year on year in October
👉 Highest level since February
👉 Fixed assets investment rose by 3.4% in the first 10 months of the year
👉 Property investment fell by 10.3% year on year

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#China #eastern-bloc #world
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China’s retail sales continued to improve in October following the raft of stimulus policies, but property investment remained a drag.
https://www.scmp.com/economy/economic-indicators/article/3286646/chinas-retail-sales-growth-hits-7-month-high-stimulus-property-drag-continues?utm_source=rss_feed

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