homeeconomy NewsChina April industrial output up 7 percent, tops forecasts; investment, retail sales miss

China April industrial output up 7 percent, tops forecasts; investment, retail sales miss

By Reuters May 15, 2018 8:35:29 AM IST (Published)


Analysts polled by Reuters had predicted industrial output growth would rise to 6.3 percent, bouncing back from a softer-than-expected 6.0 percent reading in March.
Investment growth had been expected to ease only slightly to 7.4 percent in the first four months from the same period a year earlier, compared with 7.5 percent in January-March.
Private sector fixed-asset investment rose 8.4 percent in January-April, slowing from growth of 8.9 percent in the first three months.