China s industrial output rises in Jan-Feb on demand recovery
Industrial output rose 35.1% in the first two months from a year earlier, up from a 7.3% on-year uptick seen in December, data from the National Bureau of Statistics on Monday
Reuters | March 15, 2021 | Updated 10:07 IST
China s industrial output growth quickened in January-February, beating expectations, as the vast manufacturing sector started 2021 on a firm footing and the economy consolidated its brisk recovery. Retail sales in the period also rose in a boost to domestic demand, giving a strong lift to business activity on top of the recent upsurge in exports growth.
Industrial output rose 35.1% in the first two months from a year earlier, up from a 7.3% on-year uptick seen in December, data from the National Bureau of Statistics on Monday. That was stronger than a median forecast of a 30.0% surge in a Reuters poll of analysts.