China’s November Retail Sales rise 3.0%, Industrial Production up 5.4%
FXStreetDec 16, 2024 2:02 AM
China’s November Retail Sales increased 3.0% year-on-year (YoY) vs. 4.6% expected and 4.8% in October, according to the latest data released by the National Bureau of Statistics (NBS) on Monday.
Chinese Industrial Production rose 5.4% YoY in the same period, compared to the 5.3% estimated and the 5.3% registered previously.
Meanwhile, the Fixed Asset Investment came in at 3.3% year-to-date (YTD) YoY in November, missing the expected 3.4% figure. The October reading was 3.4%.
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