Global Economic News

China Industrial Output Climbs 6.2% On Year In June

Industrial production in China jumped 6.2 percent on year in June, the National Bureau of Statistics said on Friday.

That beat forecasts for 5.9 percent, and it was up from 6.0 percent in May.

Output added 0.4 percent on month.

The bureau also said that retail sales advanced 10.6 percent - beating expectations for 9.9 percent and up from 10.0 percent in the previous month.

Fixed asset investment gained .0 percent, shy of forecasts for 9.4 percent and down from 9.6 percent a month earlier.

by RTTNews Staff Writer

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