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China, leap in industrial production: +9,7% in July

Also last month, retail sales rose 13,2% year on year, while inflation remained at 2,7%, the same level as in June.

China, leap in industrial production: +9,7% in July

In July industrial production in China it grew by 9,7% on an annual basis, after the +8,9% recorded in June. This is the largest increase since February. This was announced by the National Bureau of Statistics of the People's Republic. 

Also last month, retail sales they increased by 13,2% year-on-year, at the same pace as in June, while investments in fixed capital increased by 20,1% yoy. 

As for theinflation, remains stable: the consumer price index marks 2,7%, the same level as the previous month. Analysts had expected a slight increase, to 2,8%.

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