The growth of retail sales accelerated to a maximum of 17 months in May thanks to the support of early policies. A better feeling after the tariff truce between the US and China supported a constant growth of exports and industrial production (IP). The real estate sector continued to face, dragging the general FAI; More support is needed, Standard Chartered economists report.
The recovery of household demand continued in May
“Real activity data in May suggest that household consumption increased further and production activity remained resistant, partly due to the anticipation of the fiscal stimulus and export orders. The growth of industrial production (IP) and retail sales accelerated to 0.61% and 0.93% intermennsual, respectively. The growth of exports was slowed down but remained stable, stable While imports fell in an interannual faster, resulting in a higher commercial surplus in May.
“Meanwhile, we are still cautious regarding the growth prospects of the second semester. The housing sector remains a significant ballast for the economy: the investment in properties contracted 10.7% year -on -year in the first five months of 2025, extending the fall of two digits of 2024; housing sales, housing prices and new beginnings Stabilize the market, in our opinion. 90 -day tariff reached in Geneva last month, with export orders normalizing after the anticipation effect. “
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
