China GDP disappoints, third-quarter growth slows to 4.9%

- Gross domestic product grew 4.9% in the third quarter from a year ago, the National Bureau of Statistics said Monday. That missed expectations for a 5.2% expansion, according to analysts polled by Reuters.

- However, retail sales beat expectations, rising 4.4% in September from a year ago. The Reuters poll predicted 3.3% growth.

https://www.cnbc.com/2021/10/18/china-economy-third-quarter-gdp-data-grows-4point9percent-missing-expectations.html

Submitted October 18, 2021 at 12:56AM by Che74 https://ift.tt/3G06TuC