Chinese industrial production grows by 3.1% in September and is below expectations

Analysts interviewed by Reuters expected an increase of 4.5%.

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Retail sales grew 4.4% in September compared to a year earlier, against an estimated increase of 3.3% and after a rate of 2.5% in August.

Investment in fixed assets increased by 7.3% in the first nine months compared to the same period last year, falling short of expectations for an increase of 7.9% and slowing from a jump of 8.9% from January to August.

China's economy has made an impressive recovery from the Covid-19 pandemic, but has recently shown signs of losing momentum, hampered by power cuts, supply bottlenecks, sporadic coronavirus outbreaks and regulatory restrictions in sectors ranging from technology to property.

Clipping: Notícias Agrícolas | Source: Reuters