China's industrial output and retail sales grew in October, indicating steady but moderated economic progress.

China's industrial output rose by 5.3% in October compared to the same month last year, showing steady growth but falling slightly short of expectations. Retail sales also increased by 4.8%, indicating continued economic progress. Fixed asset investment grew by 3.4% in the first ten months of 2024, slightly below forecasts. These figures suggest a positive but moderated economic outlook for China.

November 15, 2024
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