Market Talk – December 15, 2020 | Armstrong Economics
Spread the love ASIA: China’s economic recovery broadened in November as both retail sales and industrial production growth accelerated, data released on Tuesday showed. Retail sales, a key indicator of consumption trends in the world’s most populous nation, grew by 5.0 percent from a year earlier, marking the fourth successive month of expansion. The November growth rate was the highest since reaching 8.0 percent in December 2019. Industrial production, a gauge of manufacturing, mining and utilities output in the Chinese economy, grew by 7.0 percent from a year earlier, up slightly from ...
Source: armstrongeconomics.com