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China Economic Growth Slows More Than Expected in Third Quarter

Friday, 19 October 2018 09:19 WIB GDP China Pertumbuhan Ekonomi China ekonomi China

Gross domestic product increased 6.5 percent in the third quarter from a year earlier, compared to 6.6 percent in a Bloomberg survey and down from the 6.7 percent pace in the previous quarter. Industrial output rose 5.8 percent last month from a year earlier, versus the forecast of 6 percent, the statistics office said. Retail sales increased 9.2 percent in September, compared with the forecast 9 percent. Fixed-asset investment climbed 5.4 percent in the first nine months, versus a forecast of 5.3 percent. The urban monthly surveyed unemployment rate stood at 4.9 percent at end-September. China’s economy faced increasing headwinds in the third quarter,...

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