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China Industrial Output Up 19.2% On Year

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Industrial production in China surged 19.2 percent on year in November, the National Bureau of Statistics said on Friday.

That was slightly better than analyst expectations for an 18.9 percent annual increase after the 16.1 percent gain in October.

Also, the NBS said that retail sales were up 15.8 percent on year, compared to the 16.5 percent gain forecast following the 16.2 percent annual jump in the previous month.

Finally, fixed-asset investment for the period of January to November was up 32.1 percent on year.

(Market News Provided by RTTNews)

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