BEIJING: Industrial production rose 7.9 percent in December 2014, following 7.2 percent growth in November. Economists had expected production to rise 7.4 percent.
China’s industrial production grew more than expected in December, data from the National Bureau of Statistics showed Tuesday.
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Among the sub-sectors, manufacturing output increased 8.9 percent. Output in the mining industry and the electricity, heat, gas and water production and supply industry advanced 3.4 percent and 3.7 percent, respectively.
On a month-over-month basis, industrial production rose 0.75 percent in December.
In the January to December period, production grew 8.3 percent over the corresponding period of the previous year, more than the 8.2 percent consensus estimate.
