Saturday, November 10, 2012

Business News and Economic News: Top Stories

China Oct industrial output grows 9.6 pct on yr

Reuters ???Translate This Article
9 November 2012

BEIJING (Reuters) - China's annual industrial output growth quickened to 9.6 percent in October, beating market expectations, official data showed on Friday.

Analysts had forecast China's industrial output to grow 9.4 percent in October from a year ago.

Retail sales rose 14.5 percent last month from a year ago, which compared to forecasts of 14 percent.

Fixed-asset investment grew 20.7 percent between January and October compared to the same year-ago period, just ahead of expectations for a 20.6 percent expansion.

China's real estate investment rose 15.4 percent in the first ten months of 2012 from a year earlier, matching the rise in the January-September period. ...

(Reporting by China Economics Team; Editing by Nick Edwards)

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