China’s Third-Quarter Growth Beats Forecasts as Consumer Spending Rises

Published:

China’s Third-Quarter Growth Beats Forecasts as Consumer Spending Rises
Photo: Andy Wong AP/TT

The boost came from increased domestic consumption. Retail sales rose by 1.1 percent year on year in September, up from 0.4 percent in August. The average forecast was for an increase of 0.5 percent.

Excluding car sales, retail sales rose by 3.9 percent in September, the fastest increase since October 2025.

Industrial production rose by 5.5 percent in September, in line with expectations. However, fixed-asset investment continued to decline, falling 7.2 percent in the first nine months of the year.

Loading related articles...

Author

TT News AgencyT
By TT News Agency. English edition by Sweden Herald, adapted for our readers

Keep reading

Loading related posts...