China’s Retail Sales Growth Declined Sharply, Slowdown in 2H21 Likely Worse than Previously Anticipated

<p>The latest set of economic data reveals that China’s slowdown worsened. The most disappointing reading comes from retail sales growth which moderated to +2.5% y/y in August, compared with consensus of +7.1% and July’s +8.5%. The slowest growth in 12 months can be attributed to delta variant outbreak and the aftermath of July’s huge flood. […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/china-watch/403625-chinas-retail-sales-growth-declined-sharply-slowdown-in-2h21-likely-worse-than-previously-anticipated/">China’s Retail Sales Growth Declined Sharply, Slowdown in 2H21 Likely Worse than Previously Anticipated</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>