China's industrial output grew more than expected in August as companies ramped up production following the relaxation of pandemic-related restrictions and the pent-up demand boosted retail sales, official data showed Friday.
Industrial production growth accelerated to 4.2 percent from 3.8 percent in July, the National Bureau of Statistics said. Output was forecast to climb again by 3.8 percent.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.