[Breaking] China September Industrial Production and Retail Sales 'Exceed Expectations'... Unemployment Rate Improves
China's key economic indicators for September, including industrial production and retail sales, exceeded market expectations and showed a favorable trend.
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On the 18th, the National Bureau of Statistics of China announced that China's industrial production in September increased by 4.5% year-on-year. This is the same as the previous month's figure (4.5%) and exceeds the forecast (4.3%).
![[Breaking] China September Industrial Production and Retail Sales 'Exceed Expectations'... Unemployment Rate Improves](http://www.asiae.co.kr/news/img_view.htm?img=2023072710454521660_1690422346.jpg)
Retail sales in the same month rose by 5.5% year-on-year, significantly surpassing both the previous month's figure (4.6%) and the forecast (4.5%). China's unemployment rate in September was recorded at 5.0%, improving to the lowest level since October 2021 (4.9%).
This content was produced with the assistance of AI translation services.
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