Advertisement
China Retail Sales Sink 5.9% On Year In November
(RTTNews) - The total value of retail sales in China was down 5.9 percent on year in November, the National Bureau of Statistics said on Thursday - shy of expectations for a decline of 3.7 percent following the 0.5 percent drop in October.
The bureau also said that fixed asset investment rose an annual 5.3 percent - also missing forecasts for 5.6 percent and down from 5.8 percent in the previous month.
Industrial production added 2.2 percent on year, missing expectations for an increase of 3.6 percent and down from 5.0 percent a month earlier.
The November jobless rate crept up to 5.6 percent from 5.5 percent in October, while the house price index was steady at an annual -1.6 percent.
read more
China Inflation Turns Positive; PPI Continues To Fall
China's consumer prices rose for the first time in five months in June but it remained weak and producer prices marked its 33rd straight month of decline, adding pressure on policymakers to introduce more measures to support economy. The consumer price index logged an unexpected annual growth of 0.1 percent in June, offsetting a fall of 0.1 percent in May, the National Bureau of Statistics said
RTTNews
|
1 day ago
China Inflation Slips 0.1% On Month In June
Consumer prices in China were down a seasonally adjusted 0.1 percent on month in June, the National Bureau of Statistics said on Wednesday.
RTTNews
|
1 day ago
China Services Activity Logs Softest Growth In 9 Months
China's services activity expanded at the slowest pace in nine months in June on falling export business, survey data from S&P Global showed on Thursday. The Caixin services Purchasing Managers' Index registered 50.6 in June, down from 51.1 in May. The score has remained above the 50.0 threshold for the thirtieth consecutive month and the reading signaled the softest rise since last September.
RTTNews
|
7 days ago
China Manufacturing Activity Returns To Growth
China's manufacturing sector returned to growth in June on higher new orders and a renewed rise in production, survey data from S&P Global showed on Tuesday. The Caixin manufacturing Purchasing Managers' Index rose to 50.4 in June from 48.3 in May. A reading above 50.0 indicates expansion. The survey showed that the growth was driven by a renewed expansion in manufacturing output.
RTTNews
|
9 days ago
China Holds Loan Prime Rates As Expected
The People's Bank of China left its benchmark interest rate unchanged on Friday after reducing it last month. The central bank maintained its one-year loan prime rate at 3.0 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent.
RTTNews
|
20 days ago
China Consumer Prices Fall For Fourth Month; Exports Rise
China's consumer prices declined for the fourth consecutive month and the decline in producer prices worsened in May, deepening deflation worries among policymakers as domestic demand remained weak despite taking enormous measures to boost consumption.
Another report showed an increase in exports in May despite a sharp decline in shipments to the US due to trade tariff uncertainties.
RTTNews
|
31 days ago
China Consumer Prices Slip 0.1% On Year In May
China's overall inflation was down 0.1 percent on year in May, the National Bureau of Statistics said on Monday.
RTTNews
|
31 days ago
China Manufacturing Activity Contracts For First Time In 8 Months
China's manufacturing activity contracted for the first time in eight months in May as the rise in US trade tariff damped export orders, survey results from S&P Global showed on Tuesday. The Caixin manufacturing Purchasing Managers' Index unexpectedly fell to 48.3 in May, down from 50.4 in April. The score was seen at 50.8.
RTTNews
|
37 days ago
