• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms
  • Community Reviews

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

The World’s Second-Biggest Economy Reports Slowdown in April Consumer Spending

May 17, 2021 by Forex Winner Leave a Comment

The World’s Second-Biggest Economy Reports Slowdown in April Consumer Spending

China’s consumer spending growth slowed in April to fall short of market expectations, CNBC reported.

  • Retail sales climbed 17.7% in April, slower than the 34.2% year-on-year growth in March. Analysts expected a 24.9% growth.
  • Catering sales grew 46.4%, slower than 91.6% recorded in March.
  • Year-to-date online sales of consumer goods grew at a slower pace of 23.1% versus 25.8% in the first quarter.
  • The industrial output for April climbed 9.8% to meet expectations, while the year-to-date fixed asset investment grew 19.9% to slightly surpass forecasts.
  • China Renaissance Researcher Bruce Pang said economic indicators have yet to bounce back to pre-pandemic levels.
  • Pinpoint Asset Management Chief Economist Zhiwei Zhang said uncertainties are still holding several sectors back, but the economy likely peaked on a quarter-on-quarter basis in the first three months.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Ethereum Looks Primed To Outperform Bitcoin In Coming Months — Altseason Incoming? | Bitcoinist.com

May 18, 2025

After Ethereum’s 30% Rally, Experts Turn Their Focus to Lightchain AI and Cardano Price Trends

May 17, 2025

Institutional investors juggle bitcoin ETF holdings, US filings show

May 16, 2025

Footer

Forex Broker Reviews

FXCM

FXCM Review

November 13, 2019 By Forex Winner

Forex King EA Review

May 22, 2023 By Forex Winner

IG Group

IG Review

May 20, 2020 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Shandor Brenner

FundedNext Review

August 16, 2023 By Shandor Brenner

Topstep Forex Review

August 14, 2023 By Shandor Brenner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2025 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure