The National Bureau of Statistics announced that the manufacturing PMI in April was 50.4, 0.4 points down from March’s 50.8, maintaining the expansion. In terms of the size of enterprises, the PMI for large corporates was 50.3, a decrease of…
The Hong Kong Census and Statistics Department (C&SD) published the March Consumer Price Index (CPI). Overall CPI rose 2.0% YoY in March, down 0.1ppt from 2.1% in February. Excluding the impacts of one-off relief government measures, the Composite CPI rose…
In March, the total retail sales of consumer goods reached 3.9 trillion yuan, a YoY increase of 3.1%, lower than expectations. The retail sales of consumer goods other than motor vehicles reached 3.5 trillion yuan, up 3.9%. In terms of…
According to the National Bureau of Statistics, the national consumer price index (CPI) in March rose by 0.1% YoY and fell by 1.0% MoM. Excluding food and energy prices, core CPI rose by 0.6% YoY, maintaining a moderate increase. Due…
The National Bureau of Statistics announced that the manufacturing PMI in March was 50.8, 1.7 points up from February’s 49.1. returned to the expansion for the first time in nearly half a year. In terms of size of enterprises, the…
The National Bureau of Statistics announced that from January to February, the total profits of industrial enterprises above the designated size reached RMB914 billion, up 10.2% YoY, the first positive growth since 2023. Benefiting from the improvement in both domestic…
In April, the total retail sales of consumer goods in China reached CNY3.49tn, +18.4% YoY, which was lower than the market’s expectation of 21.9%. The retail sales of consumer goods excluding automobiles were CNY3.13tn, +16.5% YoY. In 4M23, the total…
According to the National Bureau of Statistics of China, the CPI for April increased by 2.1% YoY, which is the highest increase since December 2020. The increase is mainly due to the impact of the continuous rise in international commodity…
The travel data during the Labor Day holiday Golden Week in mainland China has been released, and both the number of travelers and tourism revenue exceeded the same period in 2019. The Ministry of Culture and Tourism of China revealed…
The National Bureau of Statistics announced that the total retail sales of consumer goods in March was CNY3.79 tn, +10.6% YoY, which was higher than market expectations of 7.5%. The retail sales of consumer goods other than automobiles were CNY3.36…
