industrial production of China it grew 5.6% in April from a year earlier, official data showed Tuesday, missing expectations by a wide margin but accelerating the 3.9% rise posted in March.
The data, released by the National Statistics Office, was below the 10.9% rise seen in a Reuters poll of analysts, but it was the fastest growth since September 2022, due in large part to the pullback effect of the coronavirus pandemic. contraction suffered last April, when the Shanghai shopping center was subjected to strict confinement by Covid-19.
The retail sales rose 18.4%, below forecasts for a 21.0% rise. It was significantly faster than March’s 10.6% increase and marked the fastest growth since March 2021.
Investment in fixed assets grew by 4.7% in the first four months of 2023 compared to the same period of the previous year, compared to expectations of an increase of 5.5%. In the January-March period it grew by 5.1%.
kg
