SHANGHAI — China on Monday revealed key economic data for the first two months of the year, with some indicators performing better than expected thanks to demand during the Lunar New Year period.
Industrial production grew 7% from the same period last year, official statistics showed, well above a forecast of 5% from analysts polled by Reuters. Retail sales were up 5.5%, which was also a few ticks better than projected, although the rate was down from a 7.4% increase in December.
