Economics
China’s Factory Output Tops Forecasts as Rebound Picks Up
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China’s industrial output and retail sales exceeded forecasts last month while inflation rebounded from a 33-month low in signs the economic recovery is accelerating.
Factory production climbed 10.1 percent in November from a year earlier, the National Bureau of Statistics said today in Beijing, compared with the 9.8 percent median estimate of analysts surveyed by Bloomberg News. Retail sales growth accelerated to 14.9 percent, while the consumer price index rose 2 percent from a year earlier.