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China’s April industrial output, retail sales growth miss expectations

By Thomson Reuters May 17, 2026 | 9:01 PM

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)