China industrial output rises 9.8pct y/y in April, retail sales up 17.7pct y/y

18-May-2021 Intellasia | Reuters | 6:54 AM Print This Post

China industrial output rises 9.8 percent y/y in April, retail sales up 17.7 percent y/y

China’s industrial output grew 9.8 percent in April from a year ago, slower than the 14.1 percent surge in March, official data showed on Monday.

That matched a 9.8 percent on-year rise in a consensus forecast by analysts from a Reuters poll.

Retail sales rose 17.7 percent year-on-year in April, much weaker than a 24.9 percent uptick expected by analysts and down from the 34.2 percent jump seen in March.

Fixed asset investment increased 19.9 percent in the first four months from the same period a year earlier, versus a forecast 19.0 percent rise, slowing from January-March’s 25.6 percent increase.


Category: China

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