China Inflation Rises 1.0% On Year In February
(RTTNews) - Consumer prices in China were up 1.0 percent on year in February, the National Bureau of Statistics said on Thursday.
That was shy of expectations for an increase of 1.9 percent and down sharply from the 2.1 percent gain in January.
On a monthly basis, consumer prices slumped 0.5 percent versus forecasts for an increase of 0.2 percent after climbing 0.8 percent in the previous month.
The bureau also said that producer prices dropped 1.4 percent on year versus expectations for a decline of 1.3 percent after sinking 0.8 percent a month earlier.
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China Maintains Medium-Term Lending Facility Rate
The People's Bank of China conducted one-year medium-term lending facility operations on Tuesday and the interest rate on MLF was kept unchanged. The central bank issued CNY 300 billion of one-year MLF at a rate of 2.0 percent. The interest rate was unchanged from the previous operation.
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China Holds Loan Prime Rates As Expected
The People's Bank of China maintained its interest rates unchanged for the fourth straight time on Thursday. The PBoC left its one-year loan prime rate unchanged at 3.10 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.60 percent. The decision matched expectations.
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China Services Activity Growth Softens In January
China's services activity continued to expand in January but the growth softened amid slowing new business growth and job shedding, survey results from S&P Global revealed on Wednesday. The Caixin services Purchasing Managers' Index posted 51.0 in January, down from 52.2 in December. The reading was forecast to edge up to 52.3. The score has remained above 50.0 signalling expansion since January.
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China Manufacturing Growth Weakens In January
China's manufacturing sector expanded at a slower pace in January as staffing declined the most since 2020 and exports orders fell for the second consecutive month amid international policies posing significant challenges for the economy. The Caixin Purchasing Managers' Index fell to 50.1 in January from 50.5 in December, survey results from S&P Global showed on Monday. However, the reading abov
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China Manufacturing Sector Fades In January - Caixin
The manufacturing sector in China continued to expand in January, albeit at a slower pace, the latest survey from Caixin revealed on Monday with a PMI score of 50.1
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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.
The PBoC left its one-year loan prime rate at 3.10 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was held at 3.60 percent. The decision matched expectations.
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36 ngày trước
China Economic Growth Hits Target On Stimulus
China's economy achieved its official growth target in 2024 as series of stimulus measures late last year revived industrial production and spending, and exports increased ahead of potential tariff hikes by the US administration. Gross domestic product expanded 5.4 percent on year in the fourth quarter, faster than the 4.6 percent growth in the third quarter, the National Bureau of Statistics re
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39 ngày trước
