BofA sees China August industrial production rising to 4.7% y/y
BofA Securities said China’s industrial production likely grew in August, edging to 4.7% year-over-year from 4.5% in July, in a note. The view ties to the manufacturing PMI production index recovering.
China's industrial production likely grew in August, according to BofA Securities in a research note.
Industrial production likely edged up to 4.7% year-over-year in August from 4.5% in July, the bank says.
This is reflected in the official manufacturing PMI production index, which returned to expa…