China’s industrial output slowed down

Almaty. August 14. Silkroadnews – China’s industrial output slows down, the information portal Market Watch said.
“Industrial output in China slowed in July, after an unexpected acceleration in June, official data showed. Value-added industrial output, a rough proxy for economic growth, rose 6.4% in July from a year earlier, compared with a 7.6% increase in June, the National Bureau of Statistics said. The increase came in lower than a median forecast of 7.0% growth from a Wall Street Journal poll of 13 economists”, the report reads.
In July the industrial production grew 0.41% compared with a 0.81% increase in June.
Fixed-asset investment in non-rural areas of China increased 8.3% in the first seven months of 2017 compared to the same period last year, through slowed down from 8.6% in January-June.
Retail sales rose 10.4% in July versus the previous year, slowing from 11.0% in June. The index also did not reach the predicted values of 10.9% expected for July. Retail sales in July rose 0.73% compared with the previous month. In June they grew 0.93%.