China's economic growth improved unexpectedly in the three months ended March, though slightly, figures from the National Bureau of Statistics showed Monday.
Gross domestic product advanced 6.9 percent year-over-year in the first quarter, just above the 6.8 percent rise in the fourth quarter. Meanwhile, economists had expected the growth to remain stable at 6.8 percent.
During the first three months of the year, the national fixed asset investment grew 9.2 percent from a year ago.
The statistical office also revealed that industrial production expanded 7.6 percent annually in March, faster than the 6.3 percent spike expected by economists.
Retail sales surged 10.0 percent yearly in March, exceeding economists' expectations for an increase of 9.6 percent.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.