China Industrial Output Gains 6.8% On Year In May

BEIJING (Alliance News) - Industrial production in China was up 6.8% on year in May, the ...

Alliance News 14 June, 2018 | 3:15AM
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BEIJING (Alliance News) - Industrial production in China was up 6.8% on year in May, the National Bureau of Statistics said on Thursday.

That was shy of expectations for 7.0%, which would have been unchanged from the April reading.

The bureau also said that retail sales were up an annual 8.5% in May - also missing expectations for 9.6% and down from 9.4% in the previous month.

Fixed asset investment gained 6.1% on year in May, missing forecasts for 7.0%, which would have been unchanged from the April reading.

Copyright RTT News/dpa-AFX

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