On Thursday, a series of indicators pointed to a slowdown in economic activity last month. Retail sales declined 5.9% in November from a year ago, according to the National Bureau of Statistics. It was the worst contraction in retail spending since May, when widespread Covid lockdowns, including in the country’s richest city Shanghai, pummeled the economy. Industrial production only increased 2.2% in November, less than half of October’s growth.
Sales of big-ticket items — such as cars, furniture, and high-end consumer electronics — also contracted sharply, as consumers were wary of spending amid worries about a weak economy. Spending on household appliances and telecoms devices plunged more than 17%. Car sales dropped over 4%. External trade was also weak. Last week, customs data showed the country’s exports contracted 8.7% in November from a year ago, the worst performance since February 2020.
Oh this one is SO GOOD! It's clear that your Asian woman is THRILLED to see empty streets and so many sick Chinese in Pekin. Oh she's so evil. CNN reporter is such a disgraceful hypocrite 😂
Microbiology student MahsaMohammadi arrested and imprisoned 50 days ago by security forces. She has been charged with blasphemy “Cursing the Prophet' in a tweet. She is facing the risk of execution now.
MahsaMohammadi, a microbiology student from Sabzevar, was kind append by IR security forces 50 day ago. She is facing the death penalty for the useless charge of blasphemy against Islamic sanctities. Be her voice. MahsaAmini
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: cnni - 🏆 326. / 59 Read more »