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China Industrial Output Rises 3.8% On Year In July
(RTTNews) - Industrial production in China was up 3.8 percent on year in July, the National Bureau of Statistics said on Monday - shy of expectations for an increase of 4.6 percent and down from 3.9 percent in June.
The bureau also said that retail sales rose an annual 2.7 percent - again missing expectations for 5.0 percent and down from 3.1 percent in the previous month.
Fixed asset investment was up 5.7 percent on year, missing forecasts for 6.2 percent and slowing from 6.1 percent a month earlier.
The jobless rate came in at 5.4 percent, down from 5.5 percent in June.
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China Inflation Rises To 0.8%, PPI Inflation Accelerates
China's consumer price inflation increased in August, driven by higher technology and energy prices, and producer price inflation exceeded economists' forecasts, official data revealed Wednesday. Consumer prices advanced 0.8 percent in August from last year, faster than the 0.5 percent rise in July, the National Bureau of Statistics said.
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2 days ago
China Exports Log Strong Growth On Tech Demand
China's exports registered a notable growth in August, reflecting strong foreign demand for hi-tech products, official data showed Tuesday. Exports increased 25.0 percent year-on-year in August, faster than the 23.9 percent growth in July, the General Administration of Customs said. The annual growth came in line with expectations.
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2 days ago
China Service Sector Growth Improves
China's services activity grew at a faster pace in August driven by the increase in new business and sustained growth in employment, survey results published by S&P Global showed Thursday. The headline RatingDog services Purchasing Managers' Index rose to 51.4 in August from 50.4 in July. The reading was expected to rise moderately to 50.6.
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8 days ago
China Manufacturing Sector Improves In August - Caixin
The manufacturing sector in China continued to expand in August, and at a faster rate, the latest survey from Caixin revealed on Tuesday with a manufacturing PMI score of 51.5.
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10 days ago
China Manufacturing PMI 49.8 In August - NBS
The manufacturing sector in China continued to contract in August, albeit at a slower pace, the latest report from the National Bureau of Statistics revealed on Monday with a Purchasing Managers Index score of 49.8.
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11 days ago
China Exports Beat Expectations Despite Geopolitical Tensions
Despite geopolitical tensions, China's exports logged a double-digit growth in July largely driven by demand for hi-tech products, data from the customs office showed Friday. Exports advanced 23.9 percent on a yearly basis in July, faster than economists' forecast of 22.2 percent. However, the pace of growth moderated from 27.0 percent seen in June.
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34 days ago
China Services Activity Growth Weakest Since 2024
China's services activity expanded at the weakest pace since September 2024 as new business moderated for the second month and optimism eased to the lowest in more than six years, survey data from S&P Global showed Wednesday. The headline RatingDog China services Purchasing Managers' Index fell to 50.4 in July from 54.1 in June. Nonetheless, a score above 50.0 indicates expansion.
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37 days ago
China Manufacturing Activity Continues To Expand
China's manufacturing activity continued to expand in July with increases in output, new orders and employment, survey results from S&P Global showed Monday. The headline RatingDog China General Manufacturing Purchasing Managers' Index fell to a four-month low of 50.9 in July from 51.7 in June.
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39 days ago
