Home / Forex News / China Retail Sales Growth Eases Sharply In August

China Retail Sales Growth Eases Sharply In August

China’s retail sales grew at a much weaker pace in August as the outbreak of Delta variant weighed on consumption, and industrial production growth softened amid supply chain bottlenecks and higher raw material cost. Retail sales grew only 2.5 percent on a yearly basis in August, data published by the National Bureau of Statistics showed on Wednesday.
Read Full Story