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China retail sales surge: 6.4% YoY growth beats forecasts

16.06.2025 02:08

China's retail sales surged in May, exceeding analysts' predictions. A robust 6.4% year-on-year growth was recorded, significantly outpacing the projected 5% increase. This positive economic indicator suggests a stronger-than-anticipated recovery in consumer spending.

This unexpectedly high figure offers a promising glimpse into the health of the Chinese economy. The substantial rise in retail sales points towards increased consumer confidence and a potential boost in overall economic activity. However, it's crucial to remember that economic forecasts are inherently uncertain.

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