Industrial Output in China

BEIJING (Reuters) – China's industrial output rose 5.4% in November year-on-year, accelerating from October's 5.3% growth, signaling tentative stabilization in the world's second-largest economy as recent stimulus measures gain traction.

Data released on Monday by the National Bureau of Statistics exceeded the expectations of a 5.3% rise from a Reuters poll involving 26 analysts.

Retail sales, a key indicator of consumption, grew 3.0% in November, down from 4.8% in October. Analysts had forecasted a 4.6% expansion.

Fixed asset investment increased 3.3% from January to November compared to the same period last year, slightly lower than the expected 3.4% rise. It had grown 3.4% during the January to October period.