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China's August industrial output grows 5.2% year-on-year, accelerating from July
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According to data released by China's National Bureau of Statistics, the value-added output of industrial enterprises above a designated size nationwide increased by 5.2% in August compared to the same month last year. This marks an acceleration of 0.7 percentage points from the previous month's growth rate. On a month-on-month basis, industrial output grew by 0.54% in August. The data provides a key indicator of industrial activity and economic momentum in China, suggesting a pickup in production during the period.
Source report
In August, the value-added output of industrial enterprises above the designated size nationwide increased by 5.2% year-on-year, accelerating by 0.7 percentage points from the previous month. On a month-on-month basis, output grew by 0.54%.
Source
金十数据Eastern