China's industrial output and retail sales grew more quickly than expected in October, despite fresh curbs to control COVID-19 outbreaks and supply shortages, but the slowing property sector weighed on the economic outlook.

The industrial output growth beat expectations of a 3.0% year-on-year increase in a Reuters poll of analysts, but remained the second lowest print this year.

Industrial output rose 7.5% in January-February from a year earlier.


Source:  Reuters
Post by: Republic of Turkiye Ministry of Trade