Industrial Production Figures

China’s factory activity contracted for a second straight month while growth in the services sector slowed. China’s factory activity contracted for a second straight month while growth in the services sector slowed. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If…

China’s youth unemployment rate rose above 20% for the first time since Beijing began tracking the data five years ago. China’s youth unemployment rate rose above 20% for the first time since Beijing began tracking the data five years ago. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials…

SINGAPORE—Activity in China’s services sector grew at a healthy pace in April, a sign that Chinese consumers continue to drive the country’s economic rebound as its factory sector quickly decelerates. China’s official purchasing managers index for the nonmanufacturing sectors of the economy—that is, services and construction—came in at 56.4 in April, a weaker reading than March’s 58.2 level but still comfortably above the 50 mark that separates expansion from contraction, according to data released…

HONG KONG—Economic activity in China expanded sharply for a second straight month, in an early sign the country may be shaking off the impact of pandemic curbs sooner than expected.  A gauge of manufacturing rose at the fastest pace in more than a decade in February, while export orders expanded for the first time in almost two years, the National Bureau of Statistics said Wednesday. Services and construction activity also expanded further, the purchasing managers index report showed.…

HONG KONG—Economic activity in China shook off a monthslong slump in January following the lifting of Beijing’s zero-Covid policy, a positive sign for a global economy that faces a litany of challenges this year.Official gauges of activity in both manufacturing and services improved sharply, with both sectors rebounding into expansion territory, the National Bureau of Statistics said Tuesday.…

Monday China’s National Bureau of Statistics releases fourth-quarter gross domestic product figures, along with December data on industrial production and fixed-asset investment, a measure of infrastructure and equipment investing. China’s economy grew by 3.9% in the three months ended Sept. 30 from a year earlier, as it rebounded from crippling Covid lockdowns earlier in the year. Tuesday The Bank of Japan announces its latest…

The Federal Reserve’s release of December meeting minutes will provide more details on the discussions over its last interest-rate decision. Photo: Kevin Dietsch/Getty Images…

HONG KONG—Chinese economic activity remained feeble in September, with the services sector slipping into contraction, offering fresh evidence of the damage that Beijing’s Covid-prevention measures and a deepening real estate slide are inflicting on the country’s economy. Activity in the service sector, which includes the retail, catering and transport industries, were hammered as authorities across China tightened Covid-19 restrictions ahead of a key political gathering in October. A subindex measuring the services sector…

Chinese factory activity contracted in August, as the world’s second-largest economy struggled to shake off the impact from Covid-19 flare-ups, its worst heat wave in six decades and a deepening real-estate downturn.Manufacturing activity shrank for a second consecutive month, as extreme weather resulted in electricity shortages and factory disruptions, China’s National Bureau of Statistics said Wednesday. Wednesday’s data indicates China’s slowing economy isn’t out of the woods yet. The country had shown signs of a…

House construction in the U.S. continued to slow in July, as high inflation and higher mortgage rates make it more expensive to build and buy property. Housing starts in July fell 9.6% from the month before to a seasonally adjusted annual rate of 1.45 million, the Commerce Department said Tuesday, down from a revised 1.60 million the prior month. Economists surveyed by The Wall Street Journal expected the government to report 1.52 million housing starts for July. The…