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Breaking Posted 4 hours ago

China industrial production slows; retail sales hit 18-month low

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China's July industrial production rose 4.5% YoY but posted its first monthly slowdown in 3 months, while retail sales grew just 0.6% YoY—the third-lowest in 18 months. Vehicle purchases collapsed 21% YoY; fixed-asset investment fell 6.7% YoY through July; real estate investment crashed 19.2% YoY, a record. Softening growth outlook pressures CNY and supports safe-haven currencies; matters to traders watching Fed hawkishness repricing and risk sentiment.
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