BROADCASTS.com

China has reported data that suggests slower consumer growth, but industrial activity has remained consistent. \xa0

JMI Wealth Director Andrew Kelleher told Mike Hosking \u201cThere\u2019s not been enough trickle-down to consumers and households.\u201d\xa0

Kelleher said \u201cConsumption is down in the doldrums \u2013 retail sales are problematic in New Zealand and around the world \u2013 in China they rose 2.3% in April, which is well below expectations.\u201d\xa0

LISTEN ABOVE.\xa0

\xa0

See omnystudio.com/listener for privacy information.