[Breaking News] China’s Industrial Production Up 4.5% in March... Below Expectations

China's industrial production in March increased by 4.5% year-on-year, according to the National Bureau of Statistics of China on the 16th.

This figure is below both the market forecast (5.4%) and the previous month's figure (January-February, 7.0%). Industrial production aggregates the total output of factories, mines, and public facilities, reflecting manufacturing trends. It is also used as a leading indicator for employment and average income.