BEIJING, March 13 China's industrial output rose
8.6 percent in the first two months of 2014 from a year earlier,
missing market expectations, with growth in retail sales also
weaker than expected, the National Bureau of Statistics said on
Retail sales climbed 11.8 percent in January and February
compared to the year ago period, the government said.
Fixed-asset investment, an important driver of economic
activity, was up 17.9 percent in the first two months from the
same period last year, the bureau said, some way below forecasts
for a 19.4 percent increase.
Economists polled by Reuters had forecast industrial output
to rise 9.5 percent and retail sales to rise 13.5 percent.
Fixed-asset investment for the January-February period was seen
up 19.4 percent.
Annual growth in factory output in the first two months of
the year is the weakest since March 2009.
(China economics team)