August 14, 2019 / 3:21 AM / 3 months ago

China's slower retail sales growth in July mainly due to weaker autos - stats bureau

BEIJING, Aug 14 (Reuters) - China’s slowing retail sales growth in July was due mainly to weaker auto sales, a spokeswoman from the statistics bureau said on Wednesday, after the country reported a 13th consecutive month of decline in its vehicle market in July.

China’s retail sales in July rose 7.6% from a year earlier, down from 9.8% in June and weaker than the most pessimistic forecast.

The impact of the Sino-U.S. trade war on China’s economy is controllable, Liu Aihua told a press briefing in Beijing.

Reporting by Kevin Yao and Lusha Zhang Editing by Jacqueline Wong

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