Today’s report on industrial production from China, published by the National Bureau of Statistics showed that industrial production, in December, year on year increased by 6.0%. However, the figure was a little lower than the previous value of 6.2% and economists’ forecast of 6.1%.
This report shows the volume produced by the Chinese industrial enterprises, such as factories and production facilities. The decline in production volumes could have a negative impact on inflation, which may force the People’s Bank of China to take measures aimed at easing monetary and fiscal policies.
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