(Bloomberg) -- China's industrial production growth
unexpectedly accelerated in May, increasing pressure on the
central bank to raise interest rates to cool the world's
fastest-growing major economy.
Output rose 18.1 percent in May from a year earlier, the
National Bureau of Statistics said today, after gaining 17.4
percent in April. That compared with the 17 percent median
estimate of 19 economists surveyed by Bloomberg News.
Read more at Bloomberg Emerging Markets News
unexpectedly accelerated in May, increasing pressure on the
central bank to raise interest rates to cool the world's
fastest-growing major economy.
Output rose 18.1 percent in May from a year earlier, the
National Bureau of Statistics said today, after gaining 17.4
percent in April. That compared with the 17 percent median
estimate of 19 economists surveyed by Bloomberg News.
Read more at Bloomberg Emerging Markets News
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