The industrial output of the People's Republic of China rose last November by 3.8% on an annual basis, while expectations indicated a growth of 3.6%.
According to data from the Chinese National Bureau of Statistics released today, Wednesday, the growth rate of industrial production in November was more than that of last October, which amounted to 3.5%.
The office stated that investment in fixed assets increased last November by 5.2% annually, while analysts had expected it to increase by 5.4% annually after increasing by 6.1% during last October.
Retail sales in China increased by 3.9% last November, while expectations were 4.6% compared to 4.9% last October, according to the German news agency.
As for the unemployment rate, data from the Chinese National Bureau of Statistics indicated that it had risen during the past month to 5%, compared to 4.9% in October 2021.
On the other hand, the house price index in China fell last month to 3%, compared to 3.4% in the previous month.
