BEIJING--Value-added industrial output in China rose 4.8% in July from a year earlier, slowing from the 6.3% increase in June, the National Bureau of Statistics said Wednesday.
July's rise undershot a median forecast for 5.9% growth, according to a poll of 13 economists by The Wall Street Journal.
Fixed-asset investment in China's urban areas rose 5.7% in the January-July period from a year earlier. It was slower than the 5.8% increase in the first half of the year. Growth for the closely watched indicator of construction activity was also below economists' median forecast for a 5.8% gain.
Retail sales in China climbed 7.6% in July from a year earlier, decelerating from a 9.8% increase in June and missing economists' median forecast for 8.5% growth.
--Lin Zhu and Grace Zhu
(END) Dow Jones Newswires
August 13, 2019 22:41 ET (02:41 GMT)Copyright (c) 2019 Dow Jones & Company, Inc.