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Category: Emerging Economies
Annual inflation rises from 2% Y/Y to 2.5% Y/Y. The low point in the cycle was October (1.7% Y/Y). The modest acceleration of inflation is occurring from very low rates, and it is for the read more
Real GDP is growing minimally. Investment spending remains extremely weak, but likely to rebound if exports perform well and consumption enters even a modest uptrend.
China’s PMIs moved relatively little in December which confirms the upbeat message of last month’s data: the economy has bottomed and a recovery, albeit laden with risks, is underway.
November figures on fixed capital formation, retail sales, and trade indicate a stabilizing Chinese economy. More specifically, dependence on domestic consumption, growth in investment spending, and expanding exports are current highlights. While the data is read more
China’s official PMIs confirm the improvement trend described not only by the HSBC-PMIs but by other high frequency measures of the economy. As is the case with the HSBC index, the official PMI components do read more