China Industrial Output Rises 5.3% On Year In October
(RTTNews) - Industrial production in China was up 5.3 percent on year in October, the National Bureau of Statistics said on Friday - slowing from 5.4 percent in September and missing expectations for 5.5 percent.
Retail sales jumped an annual 4.8 percent, beating forecasts for 3.8 percent and up sharply from 3.2 percent in the previous month.
Fixed Asset Investment rose 3.4 percent on year, missing expectations for 3.5 percent but unchanged from a month earlier.
The jobless rate came in at 5.0 percent, beneath expectations for 5.1 percent - which would have been unchanged from September.
read more
Chinese Economy Still Faces Deflation Risk: Capital Economics
The Chinese economy still faces the risk of slipping into a deflationary trap, Capital Economics' economist Gabriel Ng said. Data released by the National Bureau of Statistics on Saturday showed that consumer price inflation softened to 0.3 percent in October from 0.4 percent in September. Moreover, this was the weakest in four months.
RTTNews
|
4 วันที่ผ่านมา
China Exports Growth Fastest In More Than 2 Years; Imports Fall
China's exports expanded the most in more than two years in October, while imports declined at a sharper-than-expected pace due to weaker domestic demand, official data showed Thursday. Exports grew 12.7 percent on a yearly basis, following an increase of 2.4 percent in September, customs data revealed. Shipments were forecast to climb only 5.0 percent.
RTTNews
|
8 วันที่ผ่านมา
China Services PMI Improves To 52.0 In October - Caixin
The services sector in China continued to expand in October, and at a faster rate, the latest survey from Caixin revealed on Tuesday with a PMI score of 52.0.
RTTNews
|
10 วันที่ผ่านมา
China Manufacturing Activity Returns To Growth
China's manufacturing activity returned to growth in October as companies ramped up production and purchasing to meet higher demand amid improving confidence, survey results from S&P Global showed on Friday. The Caixin manufacturing Purchasing Managers' Index rose to 50.3 in October from 49.3 in September. A reading above the neutral mark of 50.0 indicates expansion.
RTTNews
|
14 วันที่ผ่านมา
China Manufacturing Activity Expands For First Time In 6 Months
China's manufacturing activity expanded for the first time in six months in October, underpinned by strong domestic demand, official survey data revealed Thursday. The official manufacturing Purchasing Managers' Index rose to 50.1 in October from 49.8 in September, survey data from the National Bureau of Statistics showed. The score was seen unchanged at 49.8.
RTTNews
|
15 วันที่ผ่านมา
China Keeps Medium-Term Lending Facility Rate Unchanged
China's central bank left the rate on medium-term lending facility unchanged on Friday after lowering the rate by 30 basis points last month. The People's Bank of China maintained the medium-term lending facility rate at 2.0 percent. The central bank today conducted a seven-day reverse repo operations of CNY 292.6 billion at an interest rate of 1.5 percent.
RTTNews
|
21 วันที่ผ่านมา
China Cuts Benchmark Lending Rates To Revive Growth
China reduced its benchmark lending rates by 25 basis points on Monday as the economic growth slowed further amid persistent deflationary pressures. The People's Bank of China cut its one-year loan prime rate to 3.10 percent from 3.35 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was lowered to 3.60 percent from 3.85 percent.
RTTNews
|
25 วันที่ผ่านมา
China Economy Logs Weakest Growth Since Early 2023
China's economy grew at the slowest pace in more than a year in the third quarter despite an improvement in retail sales as the property market continued to be a major drag on growth. Gross domestic product expanded 4.6 percent on a yearly basis in the third quarter, data from the National Bureau of Statistics showed on Friday. This was the weakest growth since the first quarter of 2023.
RTTNews
|
28 วันที่ผ่านมา
