15 Dec 2023
China’s November Retail Sales jump 10.1%, Industrial Production rises 6.6%
China’s November Retail Sales, jumped 10.1% YoY vs. 12.5% expected and October’s 7.6% while the country’s Industrial Production increased 6.6% YoY vs. 5.6% estimated and 4.6% booked previously. The official data was published by the National Bureau of Statistics (NBS) on Friday.
Meanwhile, the Fixed Asset Investment rose 2.9% YTD YoY in November vs 3.0% expected and 2.9% seen in October.