China's retail sales up 3.3% YoY in Jan-Sep; industrial output up 5.8%

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.

The industrial output measures the activity of enterprises each with an annual main business turnover of at least 20 million yuan ($2.8 million).

ALCHEMPro News Desk (DS)