China Oct. Industrial Output Rises 9.6% Vs 9.4% Economists’ Est

China’s industrial output rose 9.6 percent in October from a year earlier, the National Bureau of Statistics said today.

The growth compares with the 9.4 percent median estimate in a Bloomberg News survey of 33 analysts and a 9.2 percent increase in September.

Fixed-asset investment excluding rural households increased 20.7 percent in the January-to-October period from a year earlier, the report from the Beijing-based agency showed. That compared with the 20.6 percent median estimate in a Bloomberg survey and a 20.5 percent rise in the first nine months of the year.

Retail sales in October grew 14.5 percent from a year earlier after a 14.2 percent gain in September. The median forecast was for an increase of 14.4 percent.

To contact Bloomberg News staff for this story: Penny Peng in Beijing at ppeng18@bloomberg.net

To contact the editor responsible for this story: Nerys Avery at navery2@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.