According to rttnews, industrial production in China climbed 6.3 percent on year in August, the National Bureau of Statistics said on Tuesday – beating forecasts for a gain of 6.2 percent and up from 6.0 percent in July.
On a monthly basis, output expanded 0.5 percent.
The bureau also said that retail sales advanced an annual 10.6 percent – again exceeding expectations for 10.2 percent, which would have been unchanged from the previous month.
Fixed asset investment gained 8.1 percent on year, beating forecasts for 7/9 percent and unchanged from the July reading.
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