China's industrial output, retail sales up in Dec: govt
[BEIJING] China's industrial production, which measures output at factories, workshops and mines in the world's second-largest economy, rose 7.9 per cent year-on-year in December, the government said Tuesday.
Retail sales, a key indicator of consumer spending, increased 11.9 per cent in the same month, the National Bureau of Statistics said. Fixed asset investment, a measure of government spending on infrastructure, expanded 15.7 per cent on-year for the whole of 2014.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons