China November industrial output up 10.0% on year

China's industrial output, which measures production at factories, workshops and mines, rose 10.0 percent in November year-on-year, the National Bureau of Statistics (NBS) announced Tuesday.

Retail sales, a key indicator of consumer spending in the world's second-largest economy, also increased, gaining 13.7 percent in November from the year before, the NBS said.

Fixed asset investment, a measure of government spending on infrastructure, expanded 19.9 percent during the first 11 months of the year, it added.

The industrial output result represented a slowdown from the 10.3 percent growth recorded in October, while retail sales accelerated from the previous 13.3 percent.

The fixed asset investment figure compared with an increase of 20.1 percent for the first 10 months of the year.

The data for November come after strong export and benign inflation figures for the month as China's economy -- a driver of global and regional growth -- shows further signs of strength after a slump in the first half of the year.

Gross domestic product (GDP) expanded 7.8 percent in the three months from July to September, snapping a two-quarter slowdown, with data for the final three months of the year so far suggesting a steady outlook.

Figures on Monday showed Chinese inflation slowed to 3.0 percent in November, after two months of acceleration in consumer prices, well under the government's target for the year of 3.5 percent.