Advertisement
China Industrial Output Climbs 4.8% On Year In November
(RTTNews) - Industrial production in China was up 4.8 percent on year in November, the National Bureau of Statistics said on Monday.
That was shy of expectations for an increase of 5.0 percent and down from 4.9 percent in October.
The bureau also said that retail sales rose an annual 1.3 percent, well shy of forecasts for a gain of 3.0 percent and down from 2.9 percent in the previous month.
Fixed asset investment slumped 2.6 percent on year, missing forecasts for a loss of 2.4 percent after slumping 1.7 percent a month earlier.
The jobless rate came in at 5.1 percent, unchanged and as expected.
read more
China Keeps Key Interest Rates Unchanged
China maintained its benchmark interest rates for the seventh straight month, as widely expected, on Monday. The People's Bank of China left its one-year loan prime rate unchanged at 3.0 percent on Monday. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The bank had reduced its both LPRs by quarter points in October 2024.
RTTNews
|
2小时36分钟前
World Bank Forecasts China GDP To Grow 4.9% In 2025
China's economy is forecast to expand more than previously estimated this year and the growth will depend more on domestic demand in the coming years, the World Bank said in its latest China Economic Update, released Thursday. The bank projected economic growth at 4.9 percent this year and 4.4 percent in 2026, as existing headwinds are expected to persist.
RTTNews
|
11天前
China Exports Rebound On EU Demand
China's exports rebounded in November on strong demand from the EU and the trade surplus hit the $1 trillion mark in the year to November, official data showed on Monday. Exports grew 5.9 percent year-on-year in November, reversing a 1.1 percent fall in October, the General Administration of Customs said. Shipments were forecast to expand 3.8 percent.
RTTNews
|
14天前
China's Service Sector Growth Weakest In 5 Months
China's service sector grew at the slowest pace in five months in November despite a renewed rise in export business, survey data from S&P Global showed on Wednesday. The headline RatingDog services Purchasing Managers' Index fell to 52.1 in November from 52.6 in October. The rate of growth was the softest in five months.
RTTNews
|
19天前
China Manufacturing Activity Shrinks In November
China's manufacturing activity shrank slightly in November as production growth came to a halt amid stagnating new orders, survey results from S&P Global showed on Monday. The RatingDog manufacturing Purchasing Managers' Index fell to 49.9 in November from 50.6 in October. A score below 50.0 indicates contraction in the sector.
RTTNews
|
21天前
China Maintains Key Interest Rates As Expected
The People's Bank of China maintained its benchmark lending rates for the sixth straight month. The PBoC kept its one-year loan prime rate unchanged at 3.0 percent on Thursday. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The decision came in line with expectations.
RTTNews
|
32天前
China Industrial Output, Retail Sales Growth Eases
China industrial production and retail sales grew at weaker rates in October and investment downturn deepened as economic activity weakened towards the end of the year. Industrial production logged an annual growth of 4.9 percent in October, the National Bureau of Statistics said Friday. This followed September's 6.5 percent expansion.
RTTNews
|
38天前
China Industrial Output Gains An Annual 4.9% In October
Industrial production in China was up 4.9 percent on year in October, the National Bureau of Statistics said on Friday.
RTTNews
|
38天前
