Chinese industrial production rose less than expected in October

Chinese industrial production rose less than expected in October

  • Buz Investors Chinese industrial production rose   Industrial production advanced  6.10% on a YoY basis in October, in China, lower than market expectations for an advance of 6.20%. In the previous month, industrial production had registered a similar rise.
  • While output grew for manufacturing (+6.7 percent) and electricity, gas and water production (+7.9 percent), mining output fell 2.2 percent.
  • On a monthly basis, industrial output went up 0.5 percent, compared to a 0.47 percent rise in the prior month. Meanwhile, fixed-asset investment grew by 8.3 by percent in January to October 2016 from a year earlier

Chinese industrial production rose

China Retail Sales YoY was reported at 10.0% in October

Chinese industrial production rose following a 8.2 percent increase in January to September and slightly above consensus of a 8.2 percent rise. Investment by private firms, which accounted for about 60 percent of total investment in China, increased by 2.9 percent from a year earlier, faster than a 2.5 percent rise in the first nine months of 2016. Industrial Production in China averaged 12.51 percent from 1990 until 2016, reaching an all time high of 29.40 percent in August of 1994 and a record low of -21.10 percent in January of 1990. I

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Chinese industrial production rose

 

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In China, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides – China Industrial Production – actual values, historical data, forecast, chart, statistics, economic calendar and news. China Industrial Production – actual data, historical chart and calendar of releases – was last updated on November of 2016.




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Jadtecnic

Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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