China's industrial production and retail sales strengthened notably in November but the low base of comparison made data less reliable to conclude that the recovery is as strong as the figures indicate and adds pressure for more support measures.
Industrial production posted an annual growth of 6.6 percent in November following a 4.6 percent rise in October, the National Bureau of Statistics reported Friday. The rate also exceeded economists' forecast of 5.6 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.