China's industrial output and retail sales rise more than expected

Source: Bloomberg
© Scanpix/Reuters
China's industrial output and retail sales rose more than anticipated and inflation unexpectedly decelerated to the slowest pace in 33 months. Industrial production increased 9.6% in October from the last year, according to the National Bureau of Statistics. Retail sales augmented from 14.2% in September to 14.5% and the consumer price index rose 1.7%.

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