China's industrial output grew by 4.1 percent year-on-year in April
A view of the Lujiazui, Shanghai?s premier financial district, in Shanghai, China, 18 May 2026. According to the National Bureau of Statistics of China, in April 2026, the country's industrial production grew by 4.1 percent year-on-year, which is a decrease from 5.7 percent in March, marking the lowest growth rate since July 2023, and it has been impacted by the ongoing war in Iran. Additionally, retail sales showed weakness, increasing by only 0.2 percent year-on-year, down from 1.7 percent in March, marking the slowest growth rate since December 2022, reflecting a decline in consumer demand due to the same conflict. EPA/ALEX PLAVEVSKI
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