Business & Markets
China retail sales rise in June as industrial output beats forecast
China's retail sales rose 1.0 percent year on year in June, official data released Wednesday showed. The figure marked the first rise since December 2022 and improved from a 0.6 percent fall in May.
The National Bureau of Statistics also said industrial production rose 5.3 percent year on year. That was above a Bloomberg forecast of 4.6 percent.
The data came as China's leaders face sluggish domestic activity.
Update
China's retail sales increase was described as the first rise since December 2022.
Retail sales improved from a 0.6 percent year-on-year fall in May.
Industrial production rose 5.3 percent year on year.
The industrial production figure beat a Bloomberg forecast of 4.6 percent.
Source note: AFP news report published on 15 July 2026 at 02:28:29 UTC.
Source
AFP news report published on .