China April industrial output, retail sales growth slow
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FILE PHOTO: People shop at a souvenir store during the five-day Labour Day holiday in Shanghai, China May 4, 2025. REUTERS/Go Nakamura/ File Photo
BEIJING (Reuters) -China's industrial output in April grew 6.1% from a year earlier, slowing from 7.7% growth in March, official data showed on Monday.
The data released by the National Bureau of Statistics surpassed expectations for a 5.5% increase in a Reuters poll of 24 analysts.
Retail sales, a gauge of consumption, rose 5.1% in April, slowing from a 5.9% increase in March. Economists had expected retail sales to grow 5.5%.
Fixed asset investment expanded 4.0% in the first four months of 2025 from the same period a year earlier, compared with expectations for a 4.2% rise. It grew 4.2% in the first quarter.
(Reporting by Tina Qiao, Ethan Wang, Ellen Zhang and Ryan Woo; Editing by Jacqueline Wong)
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