China’s February Retail Sales rose 5.5%, Industrial Production up 7.0%

China’s February Retail Sales, rose 5.5% YoY vs. 5.2% expected and January’s 7.4% while the country’s Industrial Production increased 7.0% YoY vs. 5.0% anticipated and 6.8% recorded previously. The official data was published by the National Bureau of Statistics (NBS) on Monday.

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Mar 18, 2024

China Retail Sales (YoY) registered at 5.5% above expectations (5.2%) in February

China’s NBS: Economy continued to recover and turn for the better in Jan-Feb

Following the release of the high-impact activity data from China for January-Feburary, the National Bureau of Statistics (NBS) offered its take on the economy during its press conference on Monday.