Asian Economic News

China September Industrial Production +10.2%

Industrial output in China was up 10.2 percent on year in September, the National Bureau of Statistics said on Friday - in line with expectations although easing from 10.4 percent in August.

Year to date, output is up 9.6 percent - also matching forecasts and up from 9.5 percent in the previous month.

Retail sales collected an annual 13.3 percent - shy of forecasts for 13.5 percent and down from 13.4 percent in August. On the year, retail sales are up 12.9 percent - as expected and up from 12.8 percent a month earlier.

Fixed asset investment climbed 20.2 percent on year in September, missing expectations for 20.3 percent - which would have been unchanged from the August reading.

by RTTNews Staff Writer

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