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Economic Buzz: China industrial production grows 4.9% in October
14-Nov-25   08:21 Hrs IST

Industrial production in China was up 4.9 percent on year in October, the National Bureau of Statistics said on Friday.

The bureau also said that retail sales were up 2.9 percent on year - exceeding expectations for 2.7 percent after riding 3.0 percent in the previous month.

Fixed asset investment fell 1.7 percent on year, missing forecasts for a decline of 0.9 percent following the 0.5 percent drop a month earlier.

The jobless rate came in at 5.1 percent versus expectations for 5.2 percent, which would have been unchanged.

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