China April industrial output rises 5.6%, retail sales jump 18.4%; below expectations

BEIJINGĀ  – China’s industrial output grew 5.6 percent in April from a year earlier, official data showed on Tuesday, missing expectations by a large margin but accelerating from a 3.9- percent gain seen in March. The data, released by the National Bureau of Statistics, lagged a 10.9- percent increase seen in a Reuters poll of … Continue reading China April industrial output rises 5.6%, retail sales jump 18.4%; below expectations