China’s growth stumbles in July as retail sales, industrial output miss forecasts
China’s economy lost momentum in July, with growth faltering across the board, as weak domestic demand persisted and Beijing intensified efforts to curb excess capacity.
Retail sales last month rose 3.7% from a year earlier, data from the National Bureau of Statistics showed Friday, sharply missing analysts’ estimates for a 4.6% growth in a Reuters poll and slowing from June’s 4.8% growth.
Industrial output rose 5.7% from a year ago in July, its weakest level since November last year, according to LSEG data, and weaker than analysts’ expectations for a 5.9% rise.
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Source: https://www.cnbc.com/2025/08/15/chinas-growth-stumbles-in-july-as-weak-demand-industrial-capacity-curbs-weigh.html