Sunday, 24 June 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
China Economy Cools Again as Industry, Retail, Investment Slow
Thursday, 14 September 2017 09:21 WIB | ECONOMY |ekonomi China

The pace of China economic expansion unexpectedly cooled further last month after a lackluster July, as factory output, investment and retail sales all slowed.

Industrial output rose 6.0 percent from a year earlier in August, versus a median projection of 6.6 percent and July™s 6.4 percent.

Retail sales expanded 10.1 percent from a year earlier, versus a projection of 10.5 percent and 10.4 percent in July.

Fixed-asset investment in urban areas rose 7.8 percent in the first eight months of the year over the same period in 2016, compared with a forecast 8.2 percent rise.

The continued cooling of the world™s second-largest economy suggests that efforts to rein in credit expansion and reduce excess capacity are hitting home ahead of the key 19th Party Congress in October. Still, producer-price inflation and a manufacturing sentiment gauge both exceeded estimates earlier this month, signaling some resilience.

 

Source: Bloomberg

RELATED NEWS
U.S. retail sales jump 0.8% in May, point to strong second-quarter GDP...
Thursday, 14 June 2018 20:02 WIB

Penjualan di toko ritel melonjak pada bulan Mei, tetapi peningkatannya merupakan pedang bermata dua. Tetapi meningkatnya inflasi juga mengakibatkan konsumsi lebih untuk gas dan bahan pokok lainnya. P...

U.K. Retail Sales Climb as Weather, Royal Wedding Boost Spending...
Thursday, 14 June 2018 15:51 WIB

Penjualan ritel Inggris melonjak lebih dari perkiraan ekonom pada Mei karena cuaca hangat dan Royal Wedding mendorong konsumen untuk berbelanja. Penjualan naik 1,3 persen dari April, dibandingkan den...

Wholesale inflation surges in May due to higher oil prices, PPI show...
Wednesday, 13 June 2018 20:10 WIB

Biaya grosir di AS melonjak pada Mei yang dikarenakan kenaikan harga minyak, sehingga menambahkan tekanan pada inflasi dalam pertumbuhan ekonomi yang ditandai oleh tersendatnya pasokan serta semakin b...

UK CPI steadies at 2.4 percent y/y in May, misses estimates...
Wednesday, 13 June 2018 15:55 WIB

Tingkat Indeks Harga Konsumen (CPI) Inggris 12-bulan di 2,4% pada bulan Mei, tidak berubah dari pembacaan bulan April dan vs 2,5% yang diantisipasi, Office for National Statistics (ONS) Inggris melapo...

Consumer inflation rising at fastest pace in 6 years, CPI shows...
Tuesday, 12 June 2018 19:48 WIB

Indeks harga konsumen (CPI) menunjukkan biaya hidup meningkat pada laju tercepat dalam enam tahun, ini menunjukan ekonomi AS yang kuat dan pasar tenaga kerja sangat ketat yang memicu inflasi. Indeks ...

POPULAR NEWS
Gold settles at fresh 2018 low as dollar index taps 11-month high

Gold prices marked a third straight session...

Oil Trades Near $66 as OPEC Moves Closer to Output Boost Deal

Oil traded near $66 as OPEC and its allies...

Gold Prices Edge Up After Flash PMI Data Disappoints

The gold market saw a small uptick after the...

LATEST NEWS
HK stocks post biggest weekly loss in 3 months amid trade war fears (Review)

Hong Kong™s benchmark stock index ended slightly higher on Friday, but posted its biggest weekly loss in three months amid escalating trade tensions between Beijing and Washington. The Hang Seng index rose 0.2 percent to 29,338.70, while the...

Dow Halts Skid at 8 Straight Sessions, But Stock Market Ends The Week Lower Amid Trade Jitters

The Dow Jones Industrial Average on Friday closed higher, ending an eight-session slide that drove the broader market to weekly loss, amid rising global trade tensions. The Dow closed up about 120 points, or 0.5%, at 24,581, avoiding a nine-day...

Oil Ends Week With a Rally After OPEC Agrees to Smaller-Than-Expected Production Boost

Oil prices rallied Friday, with U.S. prices jumping nearly 6% for the week, as OPEC members agreed to raise output, but by an amount that appears to be less than traders had anticipated. August West Texas Intermediate crude on the New York...