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- Chinese industrial production and retail sales mixed y/y
Chinese industrial production and retail sales mixed y/y
Industrial production in China was up 5.9 percent on year in October, rttnews says.
That exceeded expectation for 5.8 percent, which would have been unchanged from the September reading.
The bureau also said that retail sales climbed 8.6 percent on year - missing forecasts for a gain of 9.2 percent, which again would have been unchanged from the previous month.
Fixed asset investment advanced an annual 5.7 percent, surpassing forecasts for 5.5 percent and up from 5.4 percent a month prior.
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