Market

China’s industrial output and retail sales miss expectations in August

September 15, 2025

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Multi exposure of virtual abstract financial graph interface on Chinese flag and sunset sky background, financial and trading concept — Igor Kutyaev/iStock via Getty Images

Chinese economic data for August was disappointing, with both industrial production grew by 5.2% year-on-year in August 2025 and retail sales grew 3.4% year-on-year in August 2025, both falling short of market expectations. The jobless rate also saw an unexpected increase to 5.3% in August 2025.

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