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August macro economy statistics

By Zhao Tingting (chinadaily.com.cn)
Updated: 2010-09-11 10:51
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Property price growth slows in major cities

August macro economy statistics
Customers at a recent real estate fair in Zhengzhou, Henan province. [Sha Lang / for China Daily]

Housing prices in China rose at the slowest pace in eight months from a year earlier in August, while the prices on a monthly basis remained unchanged from July, indicating that buyers and sellers are still cautious, industry analysts said.

Property prices in the nation's 70 major cities grew by 9.3 percent in August, the National Bureau of Statistics (NBS) said on Friday. [Full Story]

China's fiscal revenue up 7.3% in August

China's fiscal revenue stood at 561.94 billion yuan ($82.6 billion) in August, up 7.3 percent from a year earlier, the Ministry of Finance announced Friday.

For the first eight months this year, the fiscal revenue rose 23.6 percent year-on-year to 5.68 trillion yuan, the ministry said. [Full Story]

August macro economy statistics

Trade surplus heads south

China's trade surplus is expected to further narrow for the rest of the year as the pace of imports gathers momentum on the back of robust domestic demand and favorable government policies, analysts said on Friday.

Trade surplus narrowed to $20.03 billion in August, as imports rose by 35.2 percent to $119.27 billion, much faster than July's 22.7 percent growth, according to the General Administration of Customs. [Full Story]

China's August CPI rises 3.5%

China's consumer price index (CPI), a main gauge of inflation, rose 3.5 percent year-on-year in August, the National Bureau of Statistics announced Saturday. [Full Story]

China's PPI up 4.3% in August

China's producer price index (PPI), a major measure of inflation at the wholesale level, rose 4.3 percent in August from a year earlier, the National Bureau of Statistics announced Saturday. [Full Story]

China's industrial output growth quickens to 13.9% in August

Growth of China's industrial value-added output accelerated to 13.9 percent year-on-year in August from July's 13.4 percent increase, the National Bureau of Statistics (NBS) announced Saturday.

Industrial value-added output measures the final results of industrial production, which is the value of gross industrial output minus intermediate inputs such as raw materials and labor. [Full Story]

China's retail sales of consumer goods up 18.4% in August

China's retail sales of consumer goods in August hit 1,257 billion yuan, up 18.4 percent year-on-year, according to a report released Saturday by the National Bureau of Statistics (NBS). [Full Story]

China fixed-asset investment up 24.8% in first eight months

China's fixed-asset investment in the first eight months rose 24.8 percent year-on-year, the National Bureau of Statistics (NBS) announced Saturday. [Full Story]

China's August new lending expands to 545.2b yuan

China's new yuan-denominated lending in August rose to 545.2 billion yuan ($80.53 billion) from 532.8 billion in July, the People's Bank of China (PBOC), the central bank, said in a statement Saturday. [Full Story]

 

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