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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.

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