Retail sales rose by 3.2 per cent YoY in September.
The country’s value-added industrial output went up by 5.8 per cent YoY in the nine-month period and rose by 5.4 per cent YoY in September. The growth pace in September was 0.9 percentage points faster from the previous month’s, a state-controlled media outlet reported.
China’s retail sales of consumer goods went up by 3.3 per cent YoY in the first three quarters this year to 35.3564 trillion yuan (about $4.96 trillion).
Retail sales rose by 3.2 per cent YoY in September.
The country’s value-added industrial output went up by 5.8 per cent YoY in the nine-month period and rose by 5.4 per cent YoY in September.
The industrial output measures the activity of enterprises each with an annual main business turnover of at least 20 million yuan ($2.8 million).
Fibre2Fashion News Desk (DS)
