AGP Executive Report
Last update: 2 hours agoChina Macro Watch: China’s Q2 GDP growth slowed to 4.3% y/y, the weakest in over three years, as weak household demand and a property slump outweighed export strength—retail sales rose 1.0% in June and industrial output grew 5.3%, but fixed-asset investment fell 5.7%. Housing & Consumer Impact: New home prices in June fell again (down 0.1% m/m; down 3.3% y/y), keeping pressure on consumption and household confidence. India Services Data: India launched its first trial Index of Services Production, covering about 60% of the sector, with accommodation/food, retail trade and admin/support services among the fastest growers. India-UK Trade Deal: The India-UK CETA took effect, with zero-duty access for nearly 99% of Indian exports—textiles, garments, leather, gems/jewellery and engineering are flagged as key beneficiaries. Regulation for Ethical Supply Chains: India amended its Foreign Trade Policy to prohibit imports of goods made wholly or partly with forced labour, with future product-specific bans to follow. Japan Consumer/Payments: Japan police arrested nine over an alleged payment system enabling illegal access to overseas online gambling from within Japan. Product Launch (India): Motorola launched the Edge 70 Max in India, targeting premium buyers with a 6.8-inch 2K AMOLED, 7,100mAh battery and Snapdragon 8 Gen 5.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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