MNI BRIEF: China's May Consumption Hits Over One-Year High

Jun-16 02:49
PBOC

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China's retail sales, a gauge of consumption, quickened to 6.4% y/y in May from April's 5.1% growth, hitting the highest level since December 2023, beating the 4.9% forecast, according to data released Monday by the National Bureau of Statistics: htt...