Chinese Industrial Production Rises 3.8% On Year In November

Industrial output in China was up 3.8 percent on year in November, the National Bureau of Statistics said on Wednesday – exceeding expectations for an increase of 3.6 percent and up from 3.5 percent in October.

The bureau also said that fixed asset investment climbed an annual 5.2 percent – missing forecasts for 5.4 percent and down from 6.1 percent in the previous month.

Retail sales increased 3.9 percent on year, missing expectations for a gain of 4.6 percent and down from 4.9 percent a month earlier.

The jobless rate came in at 5.0 percent, up from 4.9 percent in October, while the house price index fell from 3.4 percent to 3.0 percent.

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