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Economic Data - China’s economic activity plummets as Covid lockdowns hit growth
Industrial production, which underpinned China’s rapid economic recovery from the initial Covid shock in early 2020 and was expected to rise slightly despite the recent restrictions, dropped 2.9 per ...
European shares subdued as weak China data adds to growth concerns
European stocks were subdued on Monday as weak economic data from China further clouded the global growth outlook. Following the longest string of weekly losses for global equities since the 2008 ...
China’s economic data disappoint in April as Covid controls weigh
KEY POINTS Retail sales fell by 11.1% in April from a year ago, more than the 6.1% decline predicted in a Reuters poll. Industrial production dropped by 2.9% in April from a year ago, in contrast with ...
European shares slide as weak China data stokes recession woes
(Reuters) -European shares fell on Monday, with French and German stocks losing up to 1% each, as alarmingly weak economic data from China fanned global recession fears. China's April retail sales ...
Take Five: Recession talk justified? Follow the data
Upcoming data should show whether hefty tightening will bring a hard or soft landing for the economy. Friday's existing home sales data could show just how quickly rising mortgage rates are cooling ...