China Industrial Production Climb 5.9% In October

BEIJING (Alliance News) - Industrial production in China was up 5.9% on year in October, the ...

Alliance News 14 November, 2018 | 2:15AM
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BEIJING (Alliance News) - Industrial production in China was up 5.9% on year in October, the National Bureau of Statistics said on Wednesday.

That exceeded expectation for 5.8%, which would have been unchanged from the September reading.

The bureau also said that retail sales climbed 8.6% on year - missing forecasts for a gain of 9.2%, which again would have been unchanged from the previous month.

Fixed asset investment advanced an annual 5.7%, surpassing forecasts for 5.5% and up from 5.4% a month prior.

Copyright RTT News/dpa-AFX

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