China's August factory output, retail sales miss expectations

Employees working on a production line of caps that will be exported to the United States at a factory in Suqian, in eastern China's Jiangsu province on April 7, 2025. - AFP

BEIJING: China's industrial output grew 5.2% year-on-year in August, slowing from the 5.7% pace in the previous month and missing forecasts, while retail sales growth also slowed, official data showed on Monday.

The industrial output data, released by the National Bureau of Statistics, compared with forecasts for a 5.7% increase in a Reuters poll.