¡¡BEIJING, Nov. 11 (Xinhua) -- China's retail sales in October rose 16.2 percent year on year to 1.17 trillion yuan (171 billion U.S. dollars), the National Bureau of Statistics (NBS) announced Wednesday.
The rise was 5.8 percentage points lower than that of a year earlier, but 0.7 percentage points higher than that in September, NBS spokesman Sheng Laiyun said at a press conference.
The first 10 months saw a 15.3-percent growth in retail sales to 10.14 trillion yuan year on year. The rate was 6.7 percentage points down from the same period last year, and 0.2 percentage points up from the first nine months this year, Sheng said.
"The growth is really strong," said Hao Daming, analyst with China Galaxy Securities. "The rise is mainly backed by robust consumption in rural areas, and the property and auto sectors."
Hao expected retail sales would continue to pick up in the following months, and help accelerate economic growth.
The government put into place a series of stimulus measures to fuel consumption, including tax cuts for auto and property purchases and introduced subsidies for home appliances in rural areas, after a slump in exports dampened economic growth.
China's auto sales rose 72 percent year on year to 1.22 million units in October, bringing total sales to 10.89 million units from January to October, up 36.23 percent from a year ago, figures from the China Association of Automobile Manufacturers showed.
BEIJING, Oct. 22 (Xinhua) -- China's gross domestic product (GDP) grew 7.7 percent year on year in the first three quarters of this year, the National Bureau of Statistics said at a press conference Thursday. Full story
BEIJING, Oct. 22 (Xinhua) -- China's consumer price index (CPI),a main gauge of inflation, dipped 1.1 percent year on year in thefirst nine months of this year, the National Bureau of Statisticssaid Thursday.
The September CPI was up 0.4 percent from the previous month. Full story
BEIJING, Oct. 22 (Xinhua) -- China's producer price index (PPI),a major measurement of inflation at the wholesale level, dropped 6.5 percent year on year in the first three quarters of this year, the National Bureau of Statistics said Thursday.
The September PPI rose 0.6 percent from a month earlier. Full story
BEIJING, Oct. 22 (Xinhua) -- China's fixed-assets investment rose by 33.4 percent in the first three quarters of 2009, the National Bureau of Statistics announced here Thursday.
The figure was 6.4 percentage points higher than that of last year. Full story
BEIJING, Oct. 22 (Xinhua) -- China's industrial output rose 12.4 percent in the third quarter this year from a year ago, the National Bureau of Statistics said at a press conference here Thursday.
The figure increased 8.7 percent year on year in the first nine months. Full story
BEIJING, Oct. 22 (Xinhua) -- China's retail sales in the first three quarters rose 15.1 percent year on year, or 17 percent after deducting price factors, to top 8.97 trillion yuan (1.31 trillion U.S. dollars), the National Bureau of Statistics said Thursday. Full story
More Economic Data in Sept.
