China s industrial production in November exceeded expectations

Mondo Finance Updated on 2024-01-29

According to the data released by the National Bureau of Statistics of China on December 15, the added value of industrial enterprises above designated size increased by 6% year-on-year in November6%, significantly higher than the previous value, but also significantly higher than market expectations.

Previously released data showed that the indicator increased by 4% year-on-year in October6%, slightly higher than the previous value and expectations.

According to the report, economists surveyed by Wall Street had estimated that China's industrial added value would increase by 5% year-on-year in November9%。

The National Bureau of Statistics also announced that the added value of industrial enterprises above designated size increased by 087%。

Cumulatively, from January to November, the added value of industrial enterprises above designated size increased by 4% year-on-year3%。Prior to this, the industrial added value increased by 4 from January to October1%。

In addition, according to Singapore's "Lianhe Zaobao"**December 15**, China's National Bureau of Statistics released data through the official website on the 15th, and the added value of industrial enterprises above designated size in November increased by 6 percent year-on-year6%, up from 46%。Reuters reported that this is more than 5The 6% increase was also the strongest since September last year.

In terms of three major categories, in November, the added value of the mining industry increased by 3 percent year-on-year9 percent, and the manufacturing sector grew by 6 percent7%, electricity, heat, gas and water production and ** industry increased by 99%。

In addition, according to Agence France-Presse on December 15, data released by China on the 15th showed that the total retail sales of consumer goods in November increased by 10% year-on-year1%。That's down from 12 after a Bloomberg survey of analysts5% expected. (Compiled by Cao Weiguo).

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