Revival in China's monthly industrial output rises 5.4pc

CHINA's industrial output in September grew 5.4 per cent from a year earlier, up from a 4.5 per cent pace in August, providing some encouragement to policymakers as they step up efforts to revive a sluggish economy as the year-end draws closer, reports Reuters.

The official data from the National Bureau of Statistics (NBS) on Friday beat expectations for a 4.5 per cent rise in a Reuters poll of 40 analysts.



Fixed asset investment expanded 3.4 per cent in the first nine months from a year earlier, compared with an expected 3.3 per cent increase. It rose 3.4 per cent in the January-to-August period.


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