China Beats on Industrial Output and Retail Sales

China’s factory output and retail sales grew faster than expected in November, while fixed-asset investment was in-line with forecasts, adding to growing signs of stabilisation in the world’s second-biggest economy.

Factory output grew 6.2 percent from a year earlier, slightly better than analysts’ forecasts and October’s reading.

Retail sales climbed 10.8 percent, the fastest pace since December 2015 and beating expectations for a 10.1 percent rise.

Reuters

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