China's economic recovery continued last month, though signals were mixed as the latest consumption indicator was weaker than expected, even as fixed-asset investment and industrial output activity beat forecasts, official data showed on Monday.
Retail sales rose 4.3% year-on-year in October, accelerating from a 3.3% rise in September, according to data from the National Bureau of Statistics (NBS). But the reading was lower than the median forecast for a 4.9% increase in a Caixin survey of economists.
