Tuesday, 19 June 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
China's Economy Dials Back a Notch as Output and Investment Slow
Thursday, 14 June 2018 09:19 WIB | ASIA |ekonomi

China's economy showed signs of losing steam in May, with an unexpected slowdown in factory output and lackluster investment and consumption.

Industrial output rose 6.8 percent in May from a year earlier, versus a projected 7 percent in a Bloomberg survey, which was also the reading in April.

Retail sales expanded 8.5 percent from a year earlier, versus a forecast 9.6 percent.

Fixed-asset investment rose 6.1 percent year-on-year in the first five months, compared with an estimated 7 percent.

Surveyed jobless rate in urban areas fell to 4.8 percent from 4.9 percent in April.

With a sharp deceleration in credit growth and the threat of a worsening trade dispute with the U.S., Chinese businesses face an increasingly uncertain outlook. The central bank has tried to support growth by increasing liquidity.

œGoing forward, the real economy will be under even higher pressure" as investment continues to slowdown, and relations with the U.S. continue to be tense, Alicia Garcia Herrero, chief Asia-Pacific economist at Natixis SA, wrote in a recent note.

Source: Bloomberg

RELATED NEWS
Australian Unemployment Rate Declines as Fewer People Seek Work...
Thursday, 14 June 2018 08:53 WIB

Pengangguran Australia turun menjadi 5,4 persen pada bulan Mei seiring lebih sedikit orang yang mencari pekerjaan. Pekerjaan naik 12.000 dari April; ekonom memperkirakan kenaikan 19.000. Pengangguran...

China April consumer inflation slows to 1.8 pct y/y, PPI up 3.4 pct...
Thursday, 10 May 2018 09:39 WIB

Inflasi konsumen tahunan China melambat menjadi 1,8 persen pada April, sedikit lebih rendah dari perkiraan para ekonom, data resmi menunjukkan pada hari Kamis. Indeks harga konsumen (CPI) diperkiraka...

China-U.S. trade surplus widens in April...
Tuesday, 8 May 2018 13:42 WIB

Surplus perdagangan China - AS melebar bulan lalu, seiring pengiriman inbound dan outbound berakselerasi, data resmi menunjukkan Selasa. Surplus perdagangan Cina dengan AS mencapai $ 22,19 miliar pad...

Australian retail sales rise in February...
Wednesday, 4 April 2018 11:52 WIB

Penjualan ritel Australia naik pada Februari, dipimpin oleh rebound dalam penjualan department store setelah beberapa bulan yang buruk. Penjualan ritel naik 0,6% pada bulan Februari dari bulan sebelu...

China March services growth eases to four-month low, confidence dips: Caixin PMI...
Wednesday, 4 April 2018 10:59 WIB

Pertumbuhan sektor jasa China turun ke level terendah empat bulan di bulan Maret seiring bisnis dan pekerjaan baru tumbuh pada tingkat yang lebih lambat, survei bisnis swasta menunjukkan, menunjuk pad...

LATEST NEWS
Gold Steady as Traders Weigh Trade Spat, Dollar Rally

Gold holds steady above this year's low as traders weigh global trade concerns and a stronger dollar. Bullion for immediate delivery added 0.1% at $1,279.64/oz in London. This metal trades little changed for a 2nd day. On Friday,...

Dow futures slump more than 300 points as fears of a U.S.-China trade war ratchet up

U.S. stock futures fell sharply on Tuesday, as global equities careened lower on a fresh threat by President Donald Trump to slap up to $400 billion more in tariffs on China goods, the latest escalation in a worrying trade dispute. Dow Jones...

Dollar falls vs. yen after U.S. threatens further tariffs on China

The dollar fell against the Japanese yen and Swiss franc on Tuesday after U.S. President Donald Trump's threats of more tariffs on China heightened fears that an escalating trade dispute could damage global growth. Hostility over trade between the...

POPULAR NEWS
Gold Notches Modest Bounce From Lowest Close of 2018
Tuesday, 19 June 2018 01:31 WIB

Gold futures notched a modest gain on Monday, after a drop late last week that took the commodity to the lowest close of 2018, as trade tensions...

Gold Steadies After Drop on Interest Rate Divergence
Monday, 18 June 2018 09:25 WIB

Gold steadies, after tumbling Friday on divergence in interest rate outlook in major economies. Bullion for immediate delivery +0.2%...

Wall. St., Main St. See Higher Gold Prices
Monday, 18 June 2018 17:03 WIB

Wall Street and Main Street both look for gold prices to rise this week, based on the Kitco News weekly survey. The metal was range-bound for much...

The International Classification of Diseases was last revised 28 years ago.
Tuesday, 19 June 2018 09:11 WIB

Changes, which have occurred since then are reflected in this edition. Gaming disorder has been added to the section on mental and addictive...