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          China's July CPI up 1.8%

          China's Consumer Price Index, a main gauge of inflation, grew 1.8 percent in July year-on-year, the National Bureau of Statistics said Thursday.

          China's July exports slow sharply

          China's export growth slowed sharply in July to a six-month low following dwindling demand from Europe and Japan, official data showed Friday.

          China's July new lending sharply down to 540b yuan

          China's new yuan-denominated lending in July declined sharply to 540.1 billion yuan ($85.19 billion), down from 919.8 billion yuan in June.

          Fiscal revenues rise 8.2% in July

          China's fiscal revenues grew 8.2 percent year-on-year to 1.07 trillion yuan ($168.77 billion) in July, the Ministry of Finance said Friday.

          China's PPI down 2.9% in July

          China's Producer Price Index, a main gauge of inflation at the wholesale level, fell 2.9 percent in July from a year earlier, the National Bureau of Statistics said Thursday.

          Urban fixed-asset investment up 20.4%

          China's urban fixed asset investment rose 20.4 percent year-on-year to 18.43 trillion yuan ($2.93 trillion) in the first seven months of 2012.

          Industrial output growth slows to 9.2%

          China's industrial value-added output expanded 9.2 percent year-on-year in July, a pace slightly slower than the 9.5-percent level in June, the National Bureau of Statistics said Thursday.

          China property investment slows, sales decline narrows

          China's real estate investment continued to lose steam in the first seven months of the year while house sales remained on a downward track.

          China's retail sales up 13.1% in July

          China's retail sales grew 13.1 percent year-on-year in July, slightly down from 13.7 percent in June, the National Bureau of Statistics said.
          Vehicle sales up for 6th month

          Major Figures

           

          July

          June

          Price Indexes
          CPI +1.8%

          +2.2%

          PPI -2.9%

          -2.1%

          Growth Indexes
          GDP

          7.6%

          PMI

          50.1

          50.2

          Retail

          13.1%

          13.7%

          Fixed-asset investment 

          20.4%

          20.4%

          Industrial output

          9.2%

          9.5%

          Trade Indexes
          Export

          $177b

          $180b

          Import $152b

          $148b

          Surplus $25.2b

          $31.7b

          Financial Indexes
          New loans

          $85b

          $144b
          M2

          $14.4t

          $14.5t
          FDI  

          $12b

          Other Indexes
          Fiscal revenue

          $169b

          $173b

          Home sales (floor space)

          -6.6%

          -10%

          Power consumption

          +4.5%

          -

           

          Opinion

          Stable but slower growth

          The plunge in trade growth in July has brought home the harsh reality that the ongoing global economic correction may go deeper than anticipated.

          No fear of a hard landing

          Panic responses to fall in China's growth rate are unwarranted because economy is on right track to meet this year's target.

          Comment

          Please leave your comment here.

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