Skip to content
Subscriber Only

China’s Weaker Output, Investment Adds to Currency Pressures

Updated on

China’s industrial production, investment and retail data all trailed analysts’ estimates, putting additional downward pressure on an already weakening currency.

Industrial output rose 6 percent in July from a year earlier, the statistics bureau said Wednesday, undershooting even the most bearish estimate of 40 economists surveyed by Bloomberg and down from 6.8 percent in June. Retail sales rose 10.5 percent in July, while fixed-asset investment climbed 11.2 percent in the first seven months, the slowest pace since 2000.