China’s Summer of Economic Weakness Likely Stretched Into August

China’s Summer of Economic Weakness Likely Stretched Into August



China’s Summer of Economic Weakness Likely Stretched Into August

China’s economy likely endured another month of weakness in August, with a slowdown in industrial output and investment offsetting a slight improvement in retail sales.

Official data due Monday will show factory production increased 5.6% in August from a year earlier, down from a 5.7% gain in the previous month, according to the median forecast in a Bloomberg survey. Retail sales growth is expected to pick up slightly to 3.8% after the weakest gain all year, while fixed-asset investment probably had its slowest expansion in almost half a decade.


www.bloomberg.com
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