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Chinese Industrial Production, Retail Sales Growth Slow in April

Broad measures of Chinese economic output slowed in April, although the underlying trend continued to show stability in the world’s second-largest economy. Industrial production, a broad measure of factory output, rose 6.5% in April from a year earlier, the National Bureau of Statistics reported in Beijing. That was down from a multi-year high of 7.6% in March.

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China's CPI increased by 1.2%

Chinese consumer prices rose unexpectedly in April compared to a month ago, a sign the recent surge in producer inflation was beginning to trickle down to the consumer level. Beijing’s official consumer price index (CPI) edged up 0.1% from March, after falling 0.3% the previous month, the National Bureau of Statistics said in a report on Wednesday. Analysts in a median estimate called for no change compared to March. Compared to a year ago, CPI inflation climbed 1.2%, following a 0.9% increase the previous month.

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China's Industrial Production unexpectedly rose by 7.6%

Broad indicators of China’s economic output rose much faster than expected in March, as the economy started the year off on a positive note. Industrial production, a broad measure of factory output, rose 7.6% in March from a year earlier, the National Bureau of Statistics reported in Beijing. That was the highest level since the end of 2014, and well above February’s 6.3% gain.

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China's GDP up by 6.9% in Q1

The Chinese economy expanded at a faster pace in the first quarter, as government spending continued to fuel the expansion that many had feared would begin to slow in the new year. The National Bureau of Statistics said gross domestic product (GDP) expanded at an annualized 6.9% in the first quarter, up slightly from 6.8% in the previous three quarters and well within the government’s target range of 6.5% to 7%. Analysts in a median forecast called for quarterly growth of 6.8%. Compared to the fourth quarter, GDP expanded 1.3%, official data showed.

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