China's industrial output in October grew 4.9 percent year-on-year, slowing from the 6.5 percent increase recorded a month prior, while retail sales growth slowed, official data showed on Friday.
The industrial output data, released by the National Bureau of Statistics, missed a 5.5 percent gain forecast in a Reuters poll.
Retail sales, a gauge of consumption, rose 2.9 percent in October after expanding 3.0 percent in September, beating forecasts for a 2.8 percent gain.
Fixed asset investment shrank 1.7 percent in January-October compared with the same period last year, after a 0.5 percent contraction in January-September. Economists expected a 0.8 percent drop.
Reuters
