Chinese industry and retail sales grew significantly in the first two months of the year

By: Trademagazin editor Date: 2022. 03. 16. 11:07

Chinese industry and retail sales grew significantly in the first two months of the year, with growth rates well above analysts’ expectations.

Growth in Chinese industry and trade exceeds expectations

Industrial production rose 7.5 percent year-on-year in January-February this year, according to data released by China’s statistical office, published on Tuesday. Analysts expected a 3.9 percent increase after a 4.3 percent increase in December. The pace of expansion in the first two months of the year was the fastest since June last year. (MTI)