China's inflation rises 1.7% in Oct

    China's consumer price index, the main gauge of inflation, grew 1.7 percent year on year in October, the National Bureau of Statistics announced on Friday.

    China's fiscal revenues rise 13.7%

    China's fiscal revenues grew 13.7 percent year-on-year to 1.04 trillion yuan ($165 billion) in October.

    China's Oct new yuan lending drops

    China's new yuan-denominated lending in October stood at 505.2 billion yuan ($80.32 billion), dropping 81.6 billion yuan from a year earlier.

    Oct exports rise 11.6%, imports up 2.4%

    China's exports rose 11.6 percent from one year earlier in October while imports climbed 2.4 percent year-on-year, said the General Administration of Customs.

    China's Oct PPI drops 2.8%

    China's PPI, which measures inflation at the wholesale level, dropped 2.8 percent year-on-year in October, compared with a 3.6-percent decline in September.

    Fixed-asset investment up 20.7%

    China's fixed asset investment rose 20.7 percent year-on-year to 29.25 trillion yuan ($4.64 trillion) in the first ten months of 2012.

    Retail sales up 14.1% in first ten months

    China's retail sales grew 14.1 percent year-on-year to 16.84 trillion yuan ($2.67 trillion) in the first ten months of this year, the National Bureau of Statistics said Friday.

    China's Oct industrial output rises 9.6%

    China's value-added industrial output rose 9.6 percent year-on-year in October, picking up from 9.2 percent in September, the National Bureau of Statistics announced Friday.

    Chinese manufacturing picks up in Oct

    China's manufacturing activity rejuvenated in October, official data showed Thursday. The purchasing managers' index rose to 50.2 percent in October.

    Major Figures

     

    Oct  Sept
    Price Indexes
    CPI  1.7%  1.9%
    PPI  -2.8%  -3.6%
    Growth Indexes
    GDP

    -

     7.4%(Q3)

    PMI

    50.2

    49.8

    Retail

    14.5%

     14.2%
    Fixed-asset investment 

    20.7%

     20.5%
    Industrial output

    9.6%

     9.2%
    Trade Indexes
    Export

    $176b

     $186b
    Import

    $144b

     $159b
    Surplus

    $32b

     $27.7b
    Financial Indexes
    New loans

    $80b

    $98.45b
    M2

    14.1%

     14.8%
    FDI

    $8.31b

     $8.43b
    Other Indexes
    Fiscal revenue

    $165b

     $131b
    Home sales (floor space)

    -1.1%

    -4%

    Power consumption    2.9%
     

    Opinion

    Economist positive on China's development

    Standard Chartered chief economist Gerard Lyons says the trend in China's economy is up, and he's generally positive about China's development in the coming years.

    CPI to decrease further, PPI to rebound: research

    China's consumer price inflation is expected to decrease to 1.7 percent year-on-year in October, from 1.9 percent in September and 2 percent in August, investment bank Societe Generale said in research note on Monday.

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