China industrial production slows to 4.9% yoy in October, investment contraction deepens

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China’s October activity data pointed to a loss of momentum, with industrial production rising 4.9% yoy, down from September’s 6.5% yoy and below expectations of 5.6%. It marks the weakest annual pace since August 2024. Retail sales also slowed, rising 2.9% yoy compared with 3.0% in September, though slightly outperforming expectations of 2.7% yoy. Still, […]The post China industrial production slows to 4.9% yoy in October, investment contraction deepens appeared first on Action Forex.