Retail sales in China added more than expected

Note: This section contains information in English only.
Source: RTTNews
© Scanpix/AFP
The National Bureau of Statistics reported on Friday that Chinese retail sales increased more than expected last month. Year over year, retail sales gained 14.5% in October compared to a figure of 14.2% in the preceding month. Economists, however, expected a reading of 14.4%. Year to date, Chinese sales were by 14.1% higher than during the same period in the preceding year.
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