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China Industrial Output Growth Strengthens; Retail Sales Rebound

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

China's industrial production growth strengthened in January to February period and retail sales rebounded after the relaxation of the pandemic related restrictions, official data revealed Wednesday.

Industrial output grew 2.4 percent on a yearly basis in January to February period, faster than the 1.3 percent increase posted in December, the National Bureau of Statistics reported. However, the pace was slightly weaker than the expected 2.6 percent rise.

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