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China August Industrial Output Rises 10.4%, Exceeding Estimates
China’s industrial output rose 10.4 percent in August from a year earlier and retail sales gained 13.4 percent, the National Bureau of Statistics said on its website today. Fixed-asset investment excluding rural households in the first eight months of the year increased 20.3 percent, the Beijing-based agency said. The advance in industrial production compared with the median estimate for 9.9 percent growth in a Bloomberg News survey of 45 economists and a 9.7 percent increase in July. Retail sales compared with the median projection for a 13.3 percent advance and a 13.2 percent gain the previous month. The median ... (full story)
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