11:36 - 17.01.2025

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January 17, Fineko/abc.az. In China, industrial production increased by 6.2% year-on-year in December, ABC.AZ informs, referring to the State Statistical Office.

Thus, growth accelerated from 5.4% in November. Analysts on average expected the pace of recovery to remain at the same level, according to Trading Economics.

Retail sales in China grew by 3.7% year-on-year last month after rising by 3% in November. The rise was noted for the 23rd month in a row.

Experts expected an average increase of 3.5%.

Unemployment in China rose to 5.1% in December from 5% a month earlier. At the same time, the consensus forecast did not imply a change.

Investments in fixed assets in China increased by 3.2% in 2024. A rise of 3.3% was expected.