Show news:


News feed and analytics

11.03.2015 16:50

China: Industrial Production, Retail Sales and Investment grew less than expected

Data on Industrial Production, Retail Sales and Fixed Asset Investment all missed forecasts as stimulus measures by the Peoples Bank of China effects are limited so far and do not boost the world's second largest economy enough. The data fuels concerns over economic growth and that further measures will have to be taken by the PBoC.

Data for January and February were combined as a consequence of the long Lunar New Year public holiday.

Growth in Industrial Production had the lowest reading since 2009. Industrial Production grew +6.8% year on year, below estimates of an increase of +7.7%. Last year's reading was +7.9%.

Retail Sales grew +10.7% in February compared to +11.9% last year. Analysts expected an increase of +7.7%.

Fixed Asset Investment grew +13.9%, below the estimated +15.1%.

Market focus

  • Bundesbank: German growth to remain subdued at least in first half of 2019
  • EU will react swiftly if U.S. hits it with car tariffs - European Commission
  • Unemployment in the UK remained at 4%, as expected
  • Bank of Japan Governor Kuroda: BOJ policy does not have currency manipulation as its target
February 2019
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

QUOTES