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Economy And The Numbers

China Industrial Output, Retail Sales Rise More Than Forecast

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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China's industrial production and retail sales expanded more than expected in the January to February period driven by fiscal stimulus but the property market remained a drag on the economy.

Industrial production registered an annual growth of 5.9 percent but slower than the 6.2 percent rise in December, data from the National Bureau of Statistics showed Monday. Nonetheless, the pace of growth exceeded forecast of 5.3 percent.

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