China Industrial Output Slows In October
(RTTNews) - Industrial production in China was up 5.0 percent on year in October, the National Bureau of Statistics said on Tuesday.
That was shy of expectations for 5.2 percent and down sharply from 6.3 percent in September.
The bureau also said that retail sales fell 0.5 percent on year, missing forecasts for an increase of 1.0 percent after rising 2.5 percent in the previous month.
Fixed asset investment was up an annual 5.8 percent, missing expectations for an increase of 5.9 percent, which would have been unchanged.
The jobless rate in China was 5.5 percent in October, in line with expectations and unchanged from the September reading.
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China Manufacturing PMI Ebbs In January - NBS
The manufacturing sector in China fell into contraction in January, the latest survey from the National Bureau of Statistics said on Monday with a manufacturing PMI score of 49.1.
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China Retains Loan Prime Rates As Expected
The People's Bank of China maintained its interest rates unchanged for the third straight session on Monday as policymakers await the stance of new US administration.
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China's gross domestic product expanded 5.4 percent on year in the fourth quarter of 2024, he National Bureau of Statistics said on Friday - exceeding expectations for 5.0 percent and up from 4.6 percent in Q3.
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China Exports Log Stronger-Than-Expected Growth
China's exports registered a stronger-than-expected growth in December and the trade surplus hit a record high in 2024 ahead of US President-elect Donald Trump take office next week. Data from the General Administration of Customs on Monday showed that exports advanced 10.7 percent on a yearly basis in December.
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China Inflation Eases To 0.1%; PPI Continues To Drop
China's consumer price inflation softened further in December and producer prices declined for 27 consecutive months despite Beijing initiating stimulus measures to revive domestic demand. Consumer prices grew only 0.1 percent on a yearly basis in December, slower than the 0.2 percent increase seen in November, figures from the National Bureau of Statistics revealed on Thursday.
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China Inflation Unchanged In December
Consumer prices in China were flat on month in December, the National Bureau of Statistics said on Thursday
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China Service Sector Logs Fastest Growth In 7 Months
China's service sector grew at the fastest pace in seven months in December underpinned by greater business inflows, survey results from S&P Global showed on Monday. The services Purchasing Managers' Index posted 52.2 in December, up from 51.5 in November. The score was forecast to climb to 51.7.
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