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Industrial Output

All articles tagged with #industrial output

China’s growth cools to 4.3% as investment slump deepens
economy6 days ago

China’s growth cools to 4.3% as investment slump deepens

China’s economy grew 4.3% in Q2, the slowest pace in over three years, as urban fixed-asset investment fell 5.7% in the first half. June saw retail sales rise 1% and industrial output advance 5.3%, signaling a mixed rebound amid weak domestic demand. With Beijing’s full-year target at 4.5–5% and growth likely undershooting it, policymakers are expected to roll out stimulus in Q3, potentially including a rate cut to spur investment, while unemployment hovered around 5% in June.

China's May: retail slump dims consumption as investment contracts
business1 month ago

China's May: retail slump dims consumption as investment contracts

China's May data show weakening consumption and investment: retail sales fell 0.6% year-on-year—the first drop since December 2022—while urban fixed-asset investment declined 4.1% and manufacturing investment contracted for the first time since 2020; industrial production rose 4.5%, and unemployment eased to 5.1%, underscoring a K-shaped economy that may prompt targeted policy stimulus to boost demand.

China delivers 5% Q1 growth on export strength, despite tepid domestic demand
economy3 months ago

China delivers 5% Q1 growth on export strength, despite tepid domestic demand

China’s economy grew 5% in the first quarter, beating economists’ expectations as robust exports offset weak domestic demand. Industrial output rose 5.7% and retail sales gained 1.7% in March, while fixed-asset investment climbed 1.7% and property investment fell 11.2%. Unemployment stood at 5.4%. Beijing kept a 4.5–5% annual target, but the outlook faces pressure from higher energy costs linked to the Iran conflict and a softer global demand environment.

Europe Leads in Military Support for Ukraine Amidst Criticism of Leadership
world11 months ago

Europe Leads in Military Support for Ukraine Amidst Criticism of Leadership

European military-industrial output supporting Ukraine has surpassed US contributions for the first time since Russia's invasion, with Europe allocating over €35.1 billion in military aid from 2022 to mid-2025, outpacing the US in both aid and industrial support, driven by sustained European support and increased procurement from military industries.

"China's Resilient Economic Rebound: Retail and Industrial Data Exceed Expectations"
economics2 years ago

"China's Resilient Economic Rebound: Retail and Industrial Data Exceed Expectations"

China's industrial output and retail sales exceeded expectations in the first two months of 2024, providing hope for policymakers aiming for a 5.0% GDP growth target, despite ongoing weakness in the property sector. While the Lunar New Year holiday boosted consumer spending, analysts believe sustained robust consumer spending may be challenging without further stimulus. The protracted crisis in the property sector remains a major concern, with declines in property investment and poor demand. To achieve its growth target, more policy easing, particularly in fiscal, housing, and consumption, is deemed necessary. Additionally, China faces structural challenges in its economy, and there are concerns about potential stagnation if steps are not taken to reorient the economy towards household consumption and market-allocation of resources.

China's Industrial Output Surges to Highest Level in Almost Two Years
economy2 years ago

China's Industrial Output Surges to Highest Level in Almost Two Years

China's industrial output grew by 6.6% in November, surpassing expectations and marking the largest expansion since February 2022. However, retail sales growth fell short of expectations, indicating a patchy recovery in the country's economy. Retail sales rose by 10.1% in November, but analysts had anticipated a 12.5% increase. China's urban unemployment rate remained at 5% in November. The post-Covid recovery in China has been hindered by a real estate crisis, debt risks, and high youth unemployment, prompting calls for increased stimulus measures.

China's Economy: Stabilizing Amid Property Slump Threats
economy2 years ago

China's Economy: Stabilizing Amid Property Slump Threats

China's industrial production and retail sales grew at a faster pace in August, indicating signs of stabilization in parts of the economy. However, tumbling investment in the property sector poses a threat to the overall economic outlook. The property industry remains a major drag on growth, despite recent support measures. Analysts expect more policy support to sustain growth momentum, as the recovery is still uncertain due to low confidence in the property sector and other challenges such as high youth unemployment and rising Sino-U.S. tensions.

China's Central Bank Takes Action with Rate Cuts Amidst Economic Downturn
economy2 years ago

China's Central Bank Takes Action with Rate Cuts Amidst Economic Downturn

China's economy slowed further in July, with industrial output growing at a slower pace of 3.7% and retail sales rising by 2.5%, the slowest growth since December 2022. The weak data prompted the central bank to unexpectedly cut key policy rates for the second time in three months. The property sector continued to decline, with investment falling for the 17th consecutive month. The youth jobless rate also rose to a record high in June. The data highlights the need for policymakers to provide more support measures to bolster the economy.

China's economy faces mixed signals in May, highlighting need for further support.
business3 years ago

China's economy faces mixed signals in May, highlighting need for further support.

China's economy slowed down in May with industrial output and retail sales growth missing forecasts, adding to expectations that Beijing will need to do more to shore up a shaky post-pandemic recovery. The soft run of data has defied analyst expectations for a sharper pickup, given comparisons with last year's very weak performance, when many cities were under strict COVID lockdowns. The figures also reinforce the case for more stimulus as China faces deflationary risks, mounting local government debts, record youth unemployment, and weakening global demand.

China's Economic Recovery Stalls in April, Puts Pressure on Policymakers.
business3 years ago

China's Economic Recovery Stalls in April, Puts Pressure on Policymakers.

China's economic recovery is losing steam as April data shows industrial output, consumption, and property investment growth undershot forecasts, intensifying pressure on policymakers to shore up the wobbly post-COVID recovery. Both domestic and trade engines of growth remain underpowered, and high youth unemployment is a worrying sign. The struggle prompts calls for more policy easing, including a 20bps policy rate cut in the remainder of the year.