Growth in July retail sales softened to 8.5% over a year earlier, below the consensus forecast of 10.9% and down from the previous month s 12.1%. Factory output grew 6.4%, below the forecast of 7.9%.
Industrial production in the world's second largest economy increased 6.4% year-on-year in July, against expectations for 7.8% growth and after rising 8.3% in June
China s Q1 GDP growth hits 19% on demand recovery, policy support
While the reading will be heavily skewed by the plunge in activity a year earlier, the expected jump would be the strongest since at least 1992, when official quarterly records started, according to the median forecasts of 47 economists polled by Reuters
Reuters | April 15, 2021 | Updated 14:45 IST
China s economy likely grew at record pace of 19% in the first quarter, rebounding from a pandemic slump early last year as demand recovered at home and abroad and as policy support for ailing smaller firms continued, a Reuters poll showed. While the reading will be heavily skewed by the plunge in activity a year earlier, the expected jump would be the strongest since at least 1992, when official quarterly records started, according to the median forecasts of 47 economists polled by Reuters.
China s industrial output rises in Jan-Feb on demand recovery
Industrial output rose 35.1% in the first two months from a year earlier, up from a 7.3% on-year uptick seen in December, data from the National Bureau of Statistics on Monday
Reuters | March 15, 2021 | Updated 10:07 IST
China s industrial output growth quickened in January-February, beating expectations, as the vast manufacturing sector started 2021 on a firm footing and the economy consolidated its brisk recovery. Retail sales in the period also rose in a boost to domestic demand, giving a strong lift to business activity on top of the recent upsurge in exports growth.
Industrial output rose 35.1% in the first two months from a year earlier, up from a 7.3% on-year uptick seen in December, data from the National Bureau of Statistics on Monday. That was stronger than a median forecast of a 30.0% surge in a Reuters poll of analysts.