Tag: China’s industrial output

China retail sales up 9.2% on-year in November: govt

BEIJING, China (AFP) — China’s industrial output and retail sales growth both accelerated in November, government data showed Tuesday, in a sign of stabilisation for the world’s second-largest economy. Industrial output rose 6.2 percent in the month, ahead of both October’s figures and economists’ predictions of 6.1 percent in a Bloomberg News survey. Retail sales rose 10.8 percent on-year in nominal terms, up from 10.0 percent in October, while fixed-asset investment, a gauge of infrastructure spending, […]