China's economy extended its steady growth, expanding higher than expected by 6.8 percent year on year in the first half of 2018, data released by the National Bureau of Statistics showed yesterday. The gross domestic product rose 6.8 percent to 41.9 trillion yuan (US$6.3 trillion) in the first half from the same period of last year, the bureau said. The economic growth in the first quarter was 6.8 percent, and 6.7 percent in the second, ...
CHINA'S consumer inflation rose slightly faster in June amid higher food prices. The Consumer Price Index, a main gauge of inflation, rose 1.9 percent year on year in June, faster than the 1.8 percent annual growth in May, the National Bureau of Statistics said yesterday. On a monthly basis, the CPI dipped by 0.1 percent in June, and this dip was 0.1 percentage point slower from May. Sheng Guoqing, the bureau’s ...
US retail sales rebounded in March after three straight monthly declines as households boosted purchases of motor vehicles and other big-ticket items, suggesting consumer spending was heading into the second quarter with momentum. The Commerce Department said yesterday retail sales added 0.6 percent last month after an unrevised 0.1 percent dip in February. January data was revised to show sales falling 0.2 percent instead of the previously ...
China's gross domestic product expanded a seasonally adjusted 1.4 percent on quarter in the first quarter of 2018, the National Bureau of Statistics said on Tuesday. more...
SHANGHAI’S merchandise sales are set to grow 8 percent this year, with retail sales to rise 8 percent and e-commerce to jump 20 percent, the Shanghai Commission of Commerce said yesterday. The city set the same 8 percent year-on-year target for merchandise sales and retail sales this year. E-commerce is set to soar 20 percent, with online transactions exceeding 1 trillion yuan (US$ 160 billion) this year. The import and export of ...
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