China sees both industrial output and retail sales rise

9 Dec

ChinaChina’s economic growth rate may be gathering pace again, as the government released strong industrial output and retail sales figures.

Industrial production rose by 10.1% in November, compared with a year earlier, according to the official data from the National Bureau of Statistics.

This was better than expected, and the strongest performance since March.

At the same time, China’s retail sales increased by 14.9%. This was also the best showing for eight months.

Other data released on Sunday showed that Chinese inflation rose slightly to 3% in November – from 2.7% in October.

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