July, Retail Sales
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US retail sales remain resilient, with strong growth in autos and e-commerce offsetting softness in some categories, supporting ongoing consumer demand. Import prices showed modest inflationary pressure,
Retail sales rose less than expected in July as consumers still showed signs of rebounding after a pullback in the spring.
China's industrial output grew 5.7% year-on-year in July, slowing from the 6.8% rise in June and missing forecasts, while retail sales also grew at a slower clip, official data showed on Friday.
Consumer spending ticked up in July in line with economists’ expectations, suggesting American households remain resilient.
US stock futures were mixed on Friday as Wall Street tempered its rate-cut hopes while July's retail sales advanced. Traders were also awaiting Friday's meeting between President Trump and Vladimir Putin,
China's economy showed signs of slowing in July as factory output and retail sales slowed and housing prices dropped further, according to data released Friday. Uncertainty over tariffs on exports to the United States is still looming over the world's second-largest economy after President Donald Trump extended a pause in sharp hikes in import duties for 90 days,