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China’s Economic News: GDP, CPI & PPI All Up

China economics

China Jan-Sept GDP up 3% YOY, Q3 up 3.9%

Over January-September, China’s gross domestic product (GDP) grew 3% on year to Yuan 87 trillion ($12 trillion), and for July-September quarter, the GDP grew 3.9% on year to Yuan 30.8 trillion, according to the latest release by the country’s National Bureau of Statistics (NBS) on October 24.

China’s Sept CPI up 2.8%, PPI up 0.9% YOY

For September, China’s Consumer Price Index (CPI) went up 2.8% on year and 0.3% on month, while its Producer Price Index (PPI) rose 0.9% on year but dipped 0.1% on month, according to the latest data released by the country’s National Bureau of Statistics (NBS) on October 14.

China’s white goods output grows YoY in Sept

China’s production of air-conditioners, televisions, washing machines and refrigerators rose on year in September, mainly because of the low base of last year, according to new data released by China’s National Bureau of Statistics (NBS).

Source from mysteel.net

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