Industrial production in China grew 5.2% in August, on a year-on-year basis. This value represents an acceleration of 0.7 percentage points compared to the previous month, when growth was lower.
The result was above analysts' expectations. The data was officially released today, revealing a stronger performance than forecast by the market.
The accelerated growth indicates a recovery in the Chinese industrial sector. This sector is considered fundamental to the country's economy and to global trade.
