1. China January-July fixed-asset investment rises 8.1 per cent year-on-year, missing forecasts

China January-July fixed-asset investment rises 8.1 per cent year-on-year, missing forecasts

China's fixed-asset investment growth eased to 8.1 percent year-on-year in the January-July period, missing market expectations.

By: | Beijing | Published: August 12, 2016 9:46 AM
Private sector fixed-asset investment rose 2.1 percent in January-July, compared with 2.8 percent growth in the first half of the year.  (Reuters) Private sector fixed-asset investment rose 2.1 percent in January-July, compared with 2.8 percent growth in the first half of the year. (Reuters)

China’s fixed-asset investment growth eased to 8.1 percent year-on-year in the January-July period, missing market expectations.

Analysts polled by Reuters predicted investment growth would come in at 8.8 percent, compared with 9 percent in the prior month.

Private sector fixed-asset investment rose 2.1 percent in January-July, compared with 2.8 percent growth in the first half of the year.

Industrial output growth rose 6.0 percent in July, the National Bureau of Statistics said on Friday, disappointing analysts who expected it to rise 6.1 percent on an annual basis after a rise of 6.2 percent the prior month.

Retail sales gained 10.2 percent in July.

Analysts had forecasted they would rise 10.5 percent on an annual basis after a rise of 10.6 percent the prior month.

  1. No Comments.

Go to Top