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China’s Consumer Price Index (CPI) dropped at an annual pace of 0.1% in May after declining 0.1% in April, the National Bureau of Statistics of China reported on Monday. The market consensus was for a 0.2% decrease in the reported period. Chinese CPI inflation came in at -0.2% MoM in May versus...
China’s official Manufacturing Purchasing Managers' Index (PMI) eased to 50.1 in December, compared to 50.3 in the previous reading. The reading came in below the market consensus of 50.3 in the reported month. The NBS Non-Manufacturing PMI rose to 52.2 in December versus November’s 50.0 figure...
China's consumer prices rose at a faster-than-expected rate in July, while producer deflation persisted, as Beijing ramps up support for its frail consumer sector in the face of a sputtering economic recovery. The data comes in the wake of shrinking manufacturing activity and raised concerns...
China’s consumer prices eked out another small gain in June, hovering near zero for a fifth month, a sign that deflationary pressures continue to impede an economic recovery. The consumer price index rose 0.2% from a year earlier, the National Bureau of Statistics said Wednesday. That...
China’s consumer prices rose in May, holding above zero for a fourth month after the country saw its worst deflation streak in over a decade. The consumer price index rose 0.3% from a year earlier, the National Bureau of Statistics said Wednesday, posing the same modest gain it did in...
China’s manufacturing activity expanded at the fastest rate in almost two years in May, according to a private survey, contrasting with weak official data that dented the country’s growth outlook. The Caixin manufacturing purchasing managers index rose to 51.7 last month from...
Banks in China maintained their benchmark lending rates on Monday, following the Chinese central bank’s recent decision to stand pat on monetary policy. The one-year loan prime rate was held at 3.45%, in line with almost all of the forecasts from economists surveyed by Bloomberg News....
China's economic momentum showed signs of cooling in March after a strong start in the first two months of the year, official data showed Tuesday. China's retail sales, a key gauge of domestic consumption, rose 3.1% from a year earlier in March, compared with a 5.5% year-over-year increase in the...
Chinese banks maintained their benchmark lending rates on Wednesday, following the central bank’s recent decision to stand pat on monetary policy. The one-year loan prime rate was held at 3.45%, in line with almost all of the 22 forecasts from economists surveyed by Bloomberg. The...
China’s factory output and investment grew more strongly than expected at the start of the year, as Beijing targets an ambitious annual economic growth goal of around 5%. Industrial output rose 7% in January-February from the same period a year earlier, the National Bureau of Statistics said...
China’s factory activity shrank for the fifth straight month in February, suggesting weak demand remains an obstacle for the economy. The official manufacturing purchasing managers index for last month came in at 49.1, the National Bureau of Statistics said in a statement Friday. That...
China’s consumer prices fell last month at the fastest pace since the global financial crisis as the world’s second-largest economy struggles to shake off persistent deflation pressures. The consumer price index dropped 0.8% in January from a year ago, the National Bureau of...
A private gauge of China’s services activity expanded in January, likely helped by a boost from public holidays. The Caixin services purchasing managers’ index fell to 52.7 last month from 52.9 in December, Caixin and S&P Global said in a statement Monday. That falls short of economists’...
China’s factory activity contracted for a fourth straight month in January, adding to signs of continued weakness within the world’s second-largest economy. The official manufacturing purchasing managers index was 49.2 this month, the National Bureau of Statistics said in a statement on...
Chinese consumer inflation increased slightly in December as the year-end holidays boosted spending, although a sustained decline in producer inflation showed that a disinflationary trend was still decidedly in play. Consumer price index (CPI) inflation grew 0.1% month-on-month in December, data...
A private gauge of China's services activities rose to a four-month high in December, in contrast with an official index that remained in contraction. The Caixin services purchasing managers index climbed to 52.9 in December from 51.5 in November, Caixin Media Co. and S&P Global said...
A private gauge of China’s manufacturing activity expanded much more than expected in December, contrasting with official data as the economy searched for momentum toward the end of 2023. The Caixin manufacturing purchasing managers index rose to 50.8 last month from 50.7 in November,...
Chinese banks held their benchmark lending rates on Wednesday, following the central bank’s decision to skip cutting policy interest rates earlier this month. The one-year loan prime rate was held at 3.45% for the fourth month, in line with the forecasts from almost all of the 15...
China industrial production beat expectations last month, though its boost from favorable comparisons to a Covid-hit period in 2022 means that result is unlikely to quell concerns about growth next year. Industrial output rose 6.6% last month from a year earlier, the National Bureau of...
A private gauge of China's services activities rose to a three-month high in November, contrasting with an official index that tumbled into contraction. The Caixin services purchasing managers index climbed to 51.5 in November from 50.4 in October, Caixin Media Co. and S&P Global said...
