China's April industrial output, retail sales growth miss expectations
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FILE PHOTO: A worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory, as the country is hit by the novel coronavirus outbreak, in Hangzhou, Zhejiang province, China March 2, 2020. China Daily via REUTERS ATTENTI
BEIJING, May 18 (Reuters) - China's industrial output grew 4.1% in April from a year earlier, slowing from the 5.7% pace in March, official data showed on Monday.
The data released by the National Bureau of Statistics (NBS) missed expectations for a 5.9% increase in a Reuters poll.
Retail sales, a gauge of consumption, rose just 0.2% in April, slowing sharply from 1.7% in March and were well below forecast centred on a 2% increase.
Fixed-asset investment unexpectedly contracted 1.6% in the first four months of 2026, compared with a 1.7% rise in the January-March period. Economists had predicted a 1.6% expansion.
(Reporting by Ethan Wang, Joe Cash and Ellen ZhangEditing by Shri Navaratnam)
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