China’s industrial output up 3.9% on year in June, vs previous 0.7% growth
STOCKS
China’s industrial output up 3.9% on year in June, vs previous 0.7% growth
STOCKS

China’s industrial output up 3.9% on year in June, vs previous 0.7% growth

 

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China’s industrial output grew 3.9% in June from a year ago, according to data released by the National Bureau of Statistics, compared to expected 4.5% growth and the 0.7% growth in the previous month.

In the first half of the year, industrial output grew by 3.4% from a year earlier, showed NBS data.

Output in the mining sector, manufacturing sector and utilities sector grew by 8.7%, 3.4%, and 3.3%, respectively, from the same period last year, showed the data.