JSE slips after release of weak Chinese data

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Not the best economic numbers out of China today with both retail sales and industrial production underwhelming 🔒

The JSE was weaker on Friday, with its global peers mixed as investors remain cautious over a delayed US stimulus package decision and disappointing Chinese data.

Chinese data showed a slower-than-expected rise in industrial production and a surprise fall in retail sales for the month of July, reflecting the effect of the coronavirus outbreak on consumers.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

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