#IntercamNews

✅ In China, July’s economic indicators reflected a significant loss of momentum, with slower growth in both industrial production and household consumption.

✅ In the U.S., retail sales rose 0.5% m/m in July, following a 0.9% m/m gain in June, supported by robust auto demand and back-to-school promotions from major retailers such as Amazon and Walmart.

✅ The New York Fed’s Empire State Manufacturing Index climbed to 11.9 points, up 5.5 units from the prior month and well above the consensus forecast of zero.