China's Q3 GDP Slows to 9.1%
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Overnight, China's third quarter GDP was reported at 9.1%, which was below the 9.3% expected by economists and down form 9.5% in the second quarter. This was the slowest pace in more than two years.
The total output of summer grain was 126.27 million tons, an increase of 3.12 million tons, up by 2.5 percent year-on-year.
In the first three quarters of this year, the total value added of the industrial enterprises above designated size was up by 14.2 percent year-on-year at comparable prices, 0.1 percentage point lower than that in the first half of this year.
In the first three quarters of this year, the investment in fixed assets (excluding rural households) was 21,227.4 billion yuan, a year-on-year growth of 24.9 percent (a real growth of 16.9 percent after deducting price factors), 0.7 percent lower than that in the first half of this year.
In the first three quarters of this year, the total retail sales of consumer goods reached 13,081.1 billion yuan, a nominal year-on-year rise of 17.0 percent (a real growth of 11.3 percent after deducting price factors), or 0.2 percentage point higher than that of the first half of this year.
In the first three quarters of this year, the per capita total income of urban households was 17,886 yuan. Specifically, the per capita disposable income of urban population was 16,301 yuan, the nominal year-on-year growth was 13.7 percent, or a real growth of 7.8 percent year-on-year after deducting price factors.
The data was released by China's National Bureau of Statistics.
The total output of summer grain was 126.27 million tons, an increase of 3.12 million tons, up by 2.5 percent year-on-year.
In the first three quarters of this year, the total value added of the industrial enterprises above designated size was up by 14.2 percent year-on-year at comparable prices, 0.1 percentage point lower than that in the first half of this year.
In the first three quarters of this year, the investment in fixed assets (excluding rural households) was 21,227.4 billion yuan, a year-on-year growth of 24.9 percent (a real growth of 16.9 percent after deducting price factors), 0.7 percent lower than that in the first half of this year.
In the first three quarters of this year, the total retail sales of consumer goods reached 13,081.1 billion yuan, a nominal year-on-year rise of 17.0 percent (a real growth of 11.3 percent after deducting price factors), or 0.2 percentage point higher than that of the first half of this year.
In the first three quarters of this year, the per capita total income of urban households was 17,886 yuan. Specifically, the per capita disposable income of urban population was 16,301 yuan, the nominal year-on-year growth was 13.7 percent, or a real growth of 7.8 percent year-on-year after deducting price factors.
The data was released by China's National Bureau of Statistics.
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