Published 16 Apr.2024 11:02(KST)
China's industrial production in March increased by 4.5% year-on-year, according to the National Bureau of Statistics of China on the 16th.
This figure is below both the market forecast (5.4%) and the previous month's figure (January-February, 7.0%). Industrial production aggregates the total output of factories, mines, and public facilities, reflecting manufacturing trends. It is also used as a leading indicator for employment and average income.
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