China’s industrial output and retail sales exceeded forecasts last month while inflation rebounded from a 33-month low in signs the economic recovery is accelerating.
Factory production climbed 10.1 per cent in November from a year earlier, the National Bureau of Statistics said on Sunday in Beijing, compared with the 9.8 per cent median estimate of analysts surveyed by Bloomberg News. Retail sales growth accelerated to 14.9 per cent, while the consumer price index rose 2 per cent from a year earlier. Reported by S.China Morning Post 2 hours ago.
Factory production climbed 10.1 per cent in November from a year earlier, the National Bureau of Statistics said on Sunday in Beijing, compared with the 9.8 per cent median estimate of analysts surveyed by Bloomberg News. Retail sales growth accelerated to 14.9 per cent, while the consumer price index rose 2 per cent from a year earlier. Reported by S.China Morning Post 2 hours ago.