China’s Retail Sales Rise 2.8% in January-february, Industrial Production up 6.3%
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China’s Retail Sales rose 2.8% year-over-year (YoY) in January-February vs. 2.5% expected and 0.9% in December, the latest data released by the National Bureau of Statistics (NBS) showed Monday.
Chinese Industrial Production climbed 6.3% YoY in the same period, compared to the 5.1% forecast and 5.2% seen previously.
Meanwhile, the Fixed Asset Investment came in at 1.8% year-to-date (YTD) YoY in January-February, stronger than the expected -0.4% figure. The December reading was -3.8%.
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