CHINA ECONOMIC INDICATORS

January 17th, 2013 (Thursday) – For: December, 2012

China’s Industrial Production rose by 10.3% (year-over-year) in December. The heavy industry rose by 10.6%, while the light industry increased by 9.6%. Month-over-month, industrial production increased by 0.87%.

January 17th, 2013 (Thursday) – For: December, 2012

China’s Retail Sales rose by 15.2% (year-over-year) in December. Urban retail sales increased by 14.3%, while rural retail sales rose by 14.5%. Month-over-month, retail sales rose by 1.53%.

January 17th, 2013 (Thursday) – For: Fourth Quarter

 China’s Gross Domestic Product rose by 7.8% (year-over-year) in the fourth quarter. The primary industry rose by 4.5%, while the secondary and tertiary industries both rose by 8.1%. Quarter-over-quarter, China’s GDP grew by 2.0%.

January 10th, 2013 (Thursday) – For: December, 2012

China’s Producer Price Index fell by 1.9% (year-over-year) in December. The decline was  due to a 2.7% drop in producer prices for means of production, while producer prices for consumer goods increased by 0.5%. This is the 10th month in a row that prices have fallen. Month-over-month, PPI fell by 0.1%.

January 10th, 2013 (Thursday) – For: December, 2012

China’s Consumer Price Index rose by 2.5% (year-over-year) in December. The rise was mainly due to a 4.2% jump in food prices, with the price of fresh vegetables increasing by 14.8%.  Non-food prices rose by 1.7%. Month-over-month, CPI rose by 0.8%.

April 12th, 2012 – For: First Quarter

 China GDP rose by 8.1% (year-over-year) in the first quarter. Economists were expecting a growth rate of 8.3%. This is China’s slowest growth since the second quarter of 2009.

April 12th, 2012 – For: March

 China retail sales rose by 15.2% (year-over-year) in March to 1565.0 billion yuan. Urban retail sales increased by 15.2%, while rural retail sales rose by 14.6%. Month-over-month, retail sales rose by 1.18%.

April 12th, 2012 – For: March

 China industrial production rose by 11.9% (year-over-year) in March. The heavy industry rose by 11.2%, while the light industry increased by 13.9%. Month-over-month, industrial production increased by 1.22%

March 8th, 2012 – For: January and February

  China retail sales rose by 14.7% (year-over-year) in the first two months of 2012 to 3370.0 billion yuan. Urban retail sales increased by 14.7%, while rural retail sales rose by 14.6%. Month-over-month, retail sales rose by 1.56%.

March 8th, 2012 – For: February

China CPI rose by 3.2% (year-over-year) in February. This is the lowest year-on-year gain since June 2010. Food prices jumped by 6.2% compared to a 10.5% rise in January, while non-food prices rose by 1.7%. Inflation in the first two months of 2012 has risen by 3.9% year-over-year. Month-over-month, prices decreased by 0.1%.  

March 8th, 2012 – For: January and February

  China industrial production rose by 11.4% (year-over-year) in the first two months of 2012. Month-over-month, retail sales rose by 0.70%.

March 8th, 2012 – For: February

China PPI remained unchanged (year-over-year) in February. 

January 16th, 2012 – For: December

China industrial production rose by 12.8% (year-over-year) in December. The heavy industry rose by 13.0%, while the light industry increased by 12.6%. Textile manufacturing rose by 12.7%. Month-over-month, industrial production increased by 1.10%.

January 16th, 2012 – For: December

China retail sales rose by 18.1% (year-over-year) in December to 1774.0 billion yuan. Food and beverages increased by 18.6%, while petroleum and related products jumped by 31.1%. Automobile sales grew at a slower pace of 10.2%. Urban retail sales increased by 18.2%, while rural retail sales rose by 17.8%. Month-over-month, retail sales rose by 1.41%.

December 8th, 2011 – For: November

China industrial production rose by 12.4% (year-over-year) in November.

December 8th, 2011 – For: November

China CPI rose by 4.2% (year-over-year) in November. 

December 8th, 2011 – For: November

China PPI rose by 2.7% (year-over-year) in November.

December 8th, 2011 – For: November

China retail sales rose by 17.3% (year-over-year) in November.

November 8th, 2011 – For: October

China industrial production rose by 13.2% (year-over-year) in October.

November 8th, 2011 – For: October

China’s Producer Price Index rose by 5.0% (year-over-year) in October. Month-over-month, producer prices fell by 0.7%. 

November 8th, 2011 – For October.

China’s Consumer Price Index rose by 5.5% (year-over-year) in October. China’s inflation has been decelerating since it rose by 6.5% in July. With this downward trend, economists expect China to loosen its monetary policy in order to boost growth.

November 8th, 2011 – For: October

China retail sales rose by 17.2% (year-over-year) in October.

October 17th, 2011 – For: September

China retail sales rose by 17.7% (year-over-year) in September to $1.5865 trillion yuan. Economists were expecting a growth rate of 17.0%. Urban sales increased by 17.8%, and rural sales increased by 17.3%. For the first 9 months, retail sales in China rose 17% year-over-year.

October 17th, 2011 – For: Third Quarter

China GDP rose by 9.1% (year-over-year) in the third quarter. Economists were expecting a growth rate of 9.3%. This is China’s slowest growth in two years, due to monetary tightening and weaker export demand. Year-over-year growth for the first three quarters this year was 9.4%. 

October 17th, 2011 – For: September

 China industrial production rose by 13.8% (year-over-year) in September. Economists were expecting a growth rate of 13.4%. Light industry output rose by 12.8%, while the heavy industry output rose 14.3%. Year-over-year industrial production for the first 9 months was 14.2%.

October 13th, 2011 – For: September

China PPI rose by 6.5% (year-over-year) in September. 

October 13th, 2011 – For: September

China CPI rose by 6.1% (year-over-year) in September. 

September 8th, 2011 – For: August

China retail sales rose by 17% (year-over-year) to 1.4705 trillion yuan. Food and beverages rose by 16.7%, while petroleum and products rose by 38.4%. Car sales increased by 12.4% as well. By region, urban retail sales were up 17.1% year-over-year, and rural retail sales rose by 16.4%.

September 8th, 2011 – For: August

China industrial production rose 13.5% (year-over-year) in August. This is slightly less than the 14% yoy growth in July, as well as the 13.7% average analyst estimate. Heavy industry rose by 13.5%, while the light industry rose by 13.4%. Transportation equipment manufacturing rose by 12.4% as well.

September 8th, 2011 – For: August

China PPI rose 7.3% (year-over-year) in August. The mining industry has been rapidly expanding in recent months, growing by 18.8% this month. Food prices rose 4.6%,  clothing and general commodities price rose 4.6% and 4.7%, respectively, while durable consumer good prices fell 0.3%.

September 8th, 2011 – For: August

China CPI rose 6.2% (year-over-year) in August. This is the first time CPI has slowed since last December. Meat poultry rose by 29.3%, with the price of pork skyrocketing by 45.5%. Overall, food prices rose 13.4%, while non-food prices rose 3.0%. Month-over-month, China CPI rose by 0.3%.

August 9th, 2011 – For: July

China trade balance in July was a surplus of $31.48 billion. Analysts were expecting a surplus of $27.4 billion. Exports increased 20.4% year-over-year to $175.1 billion, while imports rose 22.9% to $143.6 billion. This is China’s largest surplus since January 2009. Due to the fragile state of the global economy, it is unlikely that China will be able to maintain its strong export growth in the coming months.

August 9th, 2011 – For: July

China retail sales rose by 17.2% (year-over-year) in July to 1.4408 trillion yuan. This is .5 percentage points lower than the year-over-year change in June and below the average analyst estimate of a 17.6% rise. Food and beverage sales increased by 17.1%, while retail rose by 17.1%. Within retail, petroleum products jumped 40.6% to 123.7 billion yuan, and car sales rose 11.9% to 163.8 billion yuan.

August 9th, 2011 – For: July

China industrial production rose by 14.0% (year-over-year) in July. This is 1.1 percentage points lower than the year-over-year change in June and below the average analyst estimate of a 14.9% rise. The heavy industry rose by 14.5%, while the light industry increased by 12.8%. Power generation rose only 13.2%, compared to 16.2% in June. Nonferrous metals also took a hit, declining 4.4 percentage points from June to a gain of 9.8%.

August 8th, 2011 – For: July

China CPI rose 6.5% (year-over-year) in July. China’s inflation climbed to a 37-month high. Economists were expecting a reading of 6.3%. Food prices jumped 14.8%, while non-food prices rose 2.9%. The price of pork skyrocketed by 56.7%. Month-over-month, CPI rose 0.5%. China policy makers are now in a difficult position of having to combat high inflation without endangering the already fragile global economy.

August 8th, 2011 – For: July

China PPI rose 7.5% (year-over-year) in July. Prices in mining jumped 18.1%, while prices in food rose 8.4%. Month-over-month, prices were unchanged. 

July 12th, 2011 – For: June

China retail sales rose by 17.7% (year-over-year) in June to 1,456.5 billion yuan. The median analyst estimate was an increase of 17%. Month-over-month, retail sales in June rose 1.38%.

July 12th, 2011 – For: June

China industrial production rose by 15.1% (year-over-year) in June. Heavy industry grew by 15.6%, while the light industry recorded a growth of 13.9%. Despite strong industrial growth, China is aiming to cut back its metal-output capacity in efforts to control supply levels. Month-over-month, industrial production in June rose 1.48%.

July 12th, 2011 – For: Second Quarter

China GDP rose 9.5% (year-over-year) in the second quarter. This is the lowest rate since 3Q 2009, but still higher than the expected 9.4%. The higher than expected growth suggests a tighter policy going into the third quarter in order to combat rising inflation. The secondary industry once again led the way with a 11% growth, while the tertiary and primary industries grew by 9.2% and 3.2%, respectively. On a quarterly basis, the second quarter rose by 2.2%.

July 9th, 2011 – For: June

China trade balance in June was a surplus of $22.3 billion. This is China’s highest surplus in seven months. Imports grew by only 19.3% year-over-year, the slowest pace in 20 months and a sharp drop from the 28.4% increase seen in May. Exports grew by 17.9% to a record high of $162 billion.

July 8th, 2011 – For: June

China CPI rose 6.4% (year-over-year) in June. This is China’s highest inflation rate since June 2008. Food prices increased by 14.4% while non-food prices rose 3.0%. Month-over-month, CPI in June rose 0.3%.

July 8th, 2011 – For: June

China producer price index rose 7.1% (year-over-year) in June. Month-over-month, PPI in June was unchanged.

July 6th, 2011

The Peoples Bank of China will raise its interest rates by 25 basis points. The lending rate will be 6.56%, and the deposit rate will be 3.5%, effective tomorrow. This is the third time this year that the PBOC has raised interest rates in efforts to meet its 4% target inflation rate. However, China may fail to do so as inflation for the first five months of the year was 5.2%.

June 14th, 2011

The Peoples Bank of China will raise the reserve requirement for commercial banks by 50 basis points to 21.5% starting on June 20th. The 21.5% reserve requirement will be a record high. Approximately 380 billion yuan will be taken off the market and become required reserves in order to combat China’s high inflation.

June 13th, 2011 – For: May

China CPI rose 5.5% (year-over-year) in May. This is China’s highest inflation rate in nearly three years. Food prices increased by 11.7% while non-food prices rose 2.9%. Month-over-month, CPI in May rose 0.1%. This suggests that a rate hike is likely in the coming months.

June 13th, 2011 – For: May

China retail sales rose 16.9% (year-over-year) in May to 1,469.7 billion yuan. Year-over-year growth has slowed in the last three months. Merril Lynch attributes this to an ease in auto sales, which have fallen nearly 4% since May 2010 due to an end in tax incentives. Month-over-month, retail sales in April rose 1.28%.

June 13th, 2011 – For: May

China producer price index rose 6.8% (year-over-year) in May. Means of production jumped 7.5% while means of livelihood rose 4.6%. Month-over-month, PPI in May rose 0.5%.

June 13th, 2011 – For: May

China industrial production rose 13.3% (year-over-year) in May. The average analyst estimate was a growth of 13.1%. China’s heavy industry rose 13.5% while its light industry increased 12.9%. Month-over-month, industrial production in May rose 1.03%.

June 9th, 2011 – For: May

China trade balance in May was a surplus of $13.1 billion. This month’s surplus was up 15% from April’s $11.4 billion, but down 33% from May of last year. The narrowing of the trade surplus year-over-year was due to a higher growth in imports than exports. China’s year-over-year import growth in May was 28.4%, up from 21.8% in April, and it’s year-over-year export growth was 19.4%, down from 29.9% in April.

May 10th, 2011 – For: April

China producer price index rose 6.8% (year-over-year) in April. This is 0.5 percentage points lower than March’s 7.3% year-over-year price increase. Month-over-month, PPI in April rose 1.0%.

May 10th, 2011 – For: April

China retail sales rose 17.1% (year-over-year) in April to 1,364.9 billion yuan. This is 0.3 percentage points lower than March’s 17.4% year-over-year increase. Month-over-month, retail sales in April rose 1.35%.

May 10th, 2011 – For: April

China industrial production rose 13.4% (year-over-year) in April. This is 1.4 percentage points lower than the 14.8% year-over-year increase seen in March. China’s heavy industry rose 14.0% while its light industry increased 11.9%. Month-over-month, industrial production  in April rose 0.93%.

May 10th, 2011 – For: April

China CPI rose 5.3% (year-over-year) in April. This is 0.1 percentage points lower than the 32-month year-over-year high seen in March. Food prices increased by 11.5% while non-food prices rose 2.7%. Month-over-month, CPI in April rose 0.1%. China’s inflation remains above the governments desired 4% rate.

May 9th, 2011 – For: April

China trade balance in April was a surplus of $11.43 billion. The rise was attributed to a larger growth in exports, which rose 29.9% year-over-year to a record high of $155.69 billion. Imports grew at a slower pace of 21.8%. Trade with the European Union, China’s largest trade partner, and the United States rose 23.5% and 24.8%, respectively.

April 14th, 2011 – For: First Quarter

China GDP rose 9.7% (year-over-year) in the first quarter. China’s economy is still growing strongly despite efforts to keep inflationary pressure low. The secondary industry led the way, increasing by 11.1 percent while the tertiary and primary industries expanded 9.1% and 3.5%, respectively. Quarter-on-quarter GDP growth was 2.1%.

April 10th, 2010 – For: March

China’s trade balance in March was a surplus of $140 million. Economists were expecting a trade deficit of $3.35 billion after China posted a $7.3 billion deficit in February. Exports rose 35.8 percent while imports rose 27.3% from a year earlier. China, however, did record a first quarter trade deficit of $1.02 billion, its first since 2004. This was primarily due to rising commodity prices.

April 5th, 2011

The Peoples Bank of China will lift its interest rates by 25 basis points. Starting April 6th, the deposit rate will be 3.25% and the lending rate will be 6.31%. This is the fourth time in sixth months that the PBOC has raised its rates in order to combat inflationary pressures.

RELEASE CALENDAR

January 10th, 2013 (Thursday) – For: December, 2012

China’s Consumer Price Index rose by 2.5% (year-over-year) in December. The rise was mainly due to a 4.2% jump in food prices, with the price of fresh vegetables increasing by 14.8%.  Non-food prices rose by 1.7%. Month-over-month, CPI rose by 0.8%.

March 8th, 2012 – For: February

China CPI rose by 3.2% (year-over-year) in February. This is the lowest year-on-year gain since June 2010. Food prices jumped by 6.2% compared to a 10.5% rise in January, while non-food prices rose by 1.7%. Inflation in the first two months of 2012 has risen by 3.9% year-over-year. Month-over-month, prices decreased by 0.1%.  

December 8th, 2011 – For: November

China CPI rose by 4.2% (year-over-year) in November. 

November 8th, 2011 – For October.

China’s Consumer Price Index rose by 5.5% (year-over-year) in October. China’s inflation has been decelerating since it rose by 6.5% in July. With this downward trend, economists expect China to loosen its monetary policy in order to boost growth.

October 13th, 2011 – For: September

China CPI rose by 6.1% (year-over-year) in September. 

September 8th, 2011 – For: August

China CPI rose 6.2% (year-over-year) in August. This is the first time CPI has slowed since last December. Meat poultry rose by 29.3%, with the price of pork skyrocketing by 45.5%. Overall, food prices rose 13.4%, while non-food prices rose 3.0%. Month-over-month, China CPI rose by 0.3%.

August 8th, 2011 – For: July

China CPI rose 6.5% (year-over-year) in July. China’s inflation climbed to a 37-month high. Economists were expecting a reading of 6.3%. Food prices jumped 14.8%, while non-food prices rose 2.9%. The price of pork skyrocketed by 56.7%. Month-over-month, CPI rose 0.5%. China policy makers are now in a difficult position of having to combat high inflation without endangering the already fragile global economy.

July 8th, 2011 – For: June

China CPI rose 6.4% (year-over-year) in June. This is China’s highest inflation rate since June 2008. Food prices increased by 14.4% while non-food prices rose 3.0%. Month-over-month, CPI in June rose 0.3%.

June 13th, 2011 – For: May

China CPI rose 5.5% (year-over-year) in May. This is China’s highest inflation rate in nearly three years. Food prices increased by 11.7% while non-food prices rose 2.9%. Month-over-month, CPI in May rose 0.1%. This suggests that a rate hike is likely in the coming months.

May 10th, 2011 – For: April

China CPI rose 5.3% (year-over-year) in April. This is 0.1 percentage points lower than the 32-month year-over-year high seen in March. Food prices increased by 11.5% while non-food prices rose 2.7%. Month-over-month, CPI in April rose 0.1%. China’s inflation remains above the governments desired 4% rate.

January 17th, 2013 (Thursday) – For: Fourth Quarter

 China’s Gross Domestic Product rose by 7.8% (year-over-year) in the fourth quarter. The primary industry rose by 4.5%, while the secondary and tertiary industries both rose by 8.1%. Quarter-over-quarter, China’s GDP grew by 2.0%.

April 12th, 2012 – For: First Quarter

 China GDP rose by 8.1% (year-over-year) in the first quarter. Economists were expecting a growth rate of 8.3%. This is China’s slowest growth since the second quarter of 2009.

October 17th, 2011 – For: Third Quarter

China GDP rose by 9.1% (year-over-year) in the third quarter. Economists were expecting a growth rate of 9.3%. This is China’s slowest growth in two years, due to monetary tightening and weaker export demand. Year-over-year growth for the first three quarters this year was 9.4%. 

July 12th, 2011 – For: Second Quarter

China GDP rose 9.5% (year-over-year) in the second quarter. This is the lowest rate since 3Q 2009, but still higher than the expected 9.4%. The higher than expected growth suggests a tighter policy going into the third quarter in order to combat rising inflation. The secondary industry once again led the way with a 11% growth, while the tertiary and primary industries grew by 9.2% and 3.2%, respectively. On a quarterly basis, the second quarter rose by 2.2%.

April 14th, 2011 – For: First Quarter

China GDP rose 9.7% (year-over-year) in the first quarter. China’s economy is still growing strongly despite efforts to keep inflationary pressure low. The secondary industry led the way, increasing by 11.1 percent while the tertiary and primary industries expanded 9.1% and 3.5%, respectively. Quarter-on-quarter GDP growth was 2.1%.

January 17th, 2013 (Thursday) – For: December, 2012

China’s Industrial Production rose by 10.3% (year-over-year) in December. The heavy industry rose by 10.6%, while the light industry increased by 9.6%. Month-over-month, industrial production increased by 0.87%.

April 12th, 2012 – For: March

 China industrial production rose by 11.9% (year-over-year) in March. The heavy industry rose by 11.2%, while the light industry increased by 13.9%. Month-over-month, industrial production increased by 1.22%

March 8th, 2012 – For: January and February

  China industrial production rose by 11.4% (year-over-year) in the first two months of 2012. Month-over-month, retail sales rose by 0.70%.

January 16th, 2012 – For: December

China industrial production rose by 12.8% (year-over-year) in December. The heavy industry rose by 13.0%, while the light industry increased by 12.6%. Textile manufacturing rose by 12.7%. Month-over-month, industrial production increased by 1.10%.

December 8th, 2011 – For: November

China industrial production rose by 12.4% (year-over-year) in November.

November 8th, 2011 – For: October

China industrial production rose by 13.2% (year-over-year) in October.

October 17th, 2011 – For: September

 China industrial production rose by 13.8% (year-over-year) in September. Economists were expecting a growth rate of 13.4%. Light industry output rose by 12.8%, while the heavy industry output rose 14.3%. Year-over-year industrial production for the first 9 months was 14.2%.

September 8th, 2011 – For: August

China industrial production rose 13.5% (year-over-year) in August. This is slightly less than the 14% yoy growth in July, as well as the 13.7% average analyst estimate. Heavy industry rose by 13.5%, while the light industry rose by 13.4%. Transportation equipment manufacturing rose by 12.4% as well.

August 9th, 2011 – For: July

China industrial production rose by 14.0% (year-over-year) in July. This is 1.1 percentage points lower than the year-over-year change in June and below the average analyst estimate of a 14.9% rise. The heavy industry rose by 14.5%, while the light industry increased by 12.8%. Power generation rose only 13.2%, compared to 16.2% in June. Nonferrous metals also took a hit, declining 4.4 percentage points from June to a gain of 9.8%.

July 12th, 2011 – For: June

China industrial production rose by 15.1% (year-over-year) in June. Heavy industry grew by 15.6%, while the light industry recorded a growth of 13.9%. Despite strong industrial growth, China is aiming to cut back its metal-output capacity in efforts to control supply levels. Month-over-month, industrial production in June rose 1.48%.

June 13th, 2011 – For: May

China industrial production rose 13.3% (year-over-year) in May. The average analyst estimate was a growth of 13.1%. China’s heavy industry rose 13.5% while its light industry increased 12.9%. Month-over-month, industrial production in May rose 1.03%.

May 10th, 2011 – For: April

China industrial production rose 13.4% (year-over-year) in April. This is 1.4 percentage points lower than the 14.8% year-over-year increase seen in March. China’s heavy industry rose 14.0% while its light industry increased 11.9%. Month-over-month, industrial production  in April rose 0.93%.

January 10th, 2013 (Thursday) – For: December, 2012

China’s Producer Price Index fell by 1.9% (year-over-year) in December. The decline was  due to a 2.7% drop in producer prices for means of production, while producer prices for consumer goods increased by 0.5%. This is the 10th month in a row that prices have fallen. Month-over-month, PPI fell by 0.1%.

March 8th, 2012 – For: February

China PPI remained unchanged (year-over-year) in February. 

December 8th, 2011 – For: November

China PPI rose by 2.7% (year-over-year) in November.

November 8th, 2011 – For: October

China’s Producer Price Index rose by 5.0% (year-over-year) in October. Month-over-month, producer prices fell by 0.7%. 

October 13th, 2011 – For: September

China PPI rose by 6.5% (year-over-year) in September. 

September 8th, 2011 – For: August

China PPI rose 7.3% (year-over-year) in August. The mining industry has been rapidly expanding in recent months, growing by 18.8% this month. Food prices rose 4.6%,  clothing and general commodities price rose 4.6% and 4.7%, respectively, while durable consumer good prices fell 0.3%.

August 8th, 2011 – For: July

China PPI rose 7.5% (year-over-year) in July. Prices in mining jumped 18.1%, while prices in food rose 8.4%. Month-over-month, prices were unchanged. 

July 8th, 2011 – For: June

China producer price index rose 7.1% (year-over-year) in June. Month-over-month, PPI in June was unchanged.

June 13th, 2011 – For: May

China producer price index rose 6.8% (year-over-year) in May. Means of production jumped 7.5% while means of livelihood rose 4.6%. Month-over-month, PPI in May rose 0.5%.

May 10th, 2011 – For: April

China producer price index rose 6.8% (year-over-year) in April. This is 0.5 percentage points lower than March’s 7.3% year-over-year price increase. Month-over-month, PPI in April rose 1.0%.

January 17th, 2013 (Thursday) – For: December, 2012

China’s Retail Sales rose by 15.2% (year-over-year) in December. Urban retail sales increased by 14.3%, while rural retail sales rose by 14.5%. Month-over-month, retail sales rose by 1.53%.

April 12th, 2012 – For: March

 China retail sales rose by 15.2% (year-over-year) in March to 1565.0 billion yuan. Urban retail sales increased by 15.2%, while rural retail sales rose by 14.6%. Month-over-month, retail sales rose by 1.18%.

March 8th, 2012 – For: January and February

  China retail sales rose by 14.7% (year-over-year) in the first two months of 2012 to 3370.0 billion yuan. Urban retail sales increased by 14.7%, while rural retail sales rose by 14.6%. Month-over-month, retail sales rose by 1.56%.

January 16th, 2012 – For: December

China retail sales rose by 18.1% (year-over-year) in December to 1774.0 billion yuan. Food and beverages increased by 18.6%, while petroleum and related products jumped by 31.1%. Automobile sales grew at a slower pace of 10.2%. Urban retail sales increased by 18.2%, while rural retail sales rose by 17.8%. Month-over-month, retail sales rose by 1.41%.

December 8th, 2011 – For: November

China retail sales rose by 17.3% (year-over-year) in November.

November 8th, 2011 – For: October

China retail sales rose by 17.2% (year-over-year) in October.

October 17th, 2011 – For: September

China retail sales rose by 17.7% (year-over-year) in September to $1.5865 trillion yuan. Economists were expecting a growth rate of 17.0%. Urban sales increased by 17.8%, and rural sales increased by 17.3%. For the first 9 months, retail sales in China rose 17% year-over-year.

September 8th, 2011 – For: August

China retail sales rose by 17% (year-over-year) to 1.4705 trillion yuan. Food and beverages rose by 16.7%, while petroleum and products rose by 38.4%. Car sales increased by 12.4% as well. By region, urban retail sales were up 17.1% year-over-year, and rural retail sales rose by 16.4%.

August 9th, 2011 – For: July

China retail sales rose by 17.2% (year-over-year) in July to 1.4408 trillion yuan. This is .5 percentage points lower than the year-over-year change in June and below the average analyst estimate of a 17.6% rise. Food and beverage sales increased by 17.1%, while retail rose by 17.1%. Within retail, petroleum products jumped 40.6% to 123.7 billion yuan, and car sales rose 11.9% to 163.8 billion yuan.

July 12th, 2011 – For: June

China retail sales rose by 17.7% (year-over-year) in June to 1,456.5 billion yuan. The median analyst estimate was an increase of 17%. Month-over-month, retail sales in June rose 1.38%.

June 13th, 2011 – For: May

China retail sales rose 16.9% (year-over-year) in May to 1,469.7 billion yuan. Year-over-year growth has slowed in the last three months. Merril Lynch attributes this to an ease in auto sales, which have fallen nearly 4% since May 2010 due to an end in tax incentives. Month-over-month, retail sales in April rose 1.28%.

May 10th, 2011 – For: April

China retail sales rose 17.1% (year-over-year) in April to 1,364.9 billion yuan. This is 0.3 percentage points lower than March’s 17.4% year-over-year increase. Month-over-month, retail sales in April rose 1.35%.

August 9th, 2011 – For: July

China trade balance in July was a surplus of $31.48 billion. Analysts were expecting a surplus of $27.4 billion. Exports increased 20.4% year-over-year to $175.1 billion, while imports rose 22.9% to $143.6 billion. This is China’s largest surplus since January 2009. Due to the fragile state of the global economy, it is unlikely that China will be able to maintain its strong export growth in the coming months.

July 9th, 2011 – For: June

China trade balance in June was a surplus of $22.3 billion. This is China’s highest surplus in seven months. Imports grew by only 19.3% year-over-year, the slowest pace in 20 months and a sharp drop from the 28.4% increase seen in May. Exports grew by 17.9% to a record high of $162 billion.

June 9th, 2011 – For: May

China trade balance in May was a surplus of $13.1 billion. This month’s surplus was up 15% from April’s $11.4 billion, but down 33% from May of last year. The narrowing of the trade surplus year-over-year was due to a higher growth in imports than exports. China’s year-over-year import growth in May was 28.4%, up from 21.8% in April, and it’s year-over-year export growth was 19.4%, down from 29.9% in April.

May 9th, 2011 – For: April

China trade balance in April was a surplus of $11.43 billion. The rise was attributed to a larger growth in exports, which rose 29.9% year-over-year to a record high of $155.69 billion. Imports grew at a slower pace of 21.8%. Trade with the European Union, China’s largest trade partner, and the United States rose 23.5% and 24.8%, respectively.

April 10th, 2010 – For: March

China’s trade balance in March was a surplus of $140 million. Economists were expecting a trade deficit of $3.35 billion after China posted a $7.3 billion deficit in February. Exports rose 35.8 percent while imports rose 27.3% from a year earlier. China, however, did record a first quarter trade deficit of $1.02 billion, its first since 2004. This was primarily due to rising commodity prices.

July 6th, 2011

The Peoples Bank of China will raise its interest rates by 25 basis points. The lending rate will be 6.56%, and the deposit rate will be 3.5%, effective tomorrow. This is the third time this year that the PBOC has raised interest rates in efforts to meet its 4% target inflation rate. However, China may fail to do so as inflation for the first five months of the year was 5.2%.

June 14th, 2011

The Peoples Bank of China will raise the reserve requirement for commercial banks by 50 basis points to 21.5% starting on June 20th. The 21.5% reserve requirement will be a record high. Approximately 380 billion yuan will be taken off the market and become required reserves in order to combat China’s high inflation.

April 5th, 2011

The Peoples Bank of China will lift its interest rates by 25 basis points. Starting April 6th, the deposit rate will be 3.25% and the lending rate will be 6.31%. This is the fourth time in sixth months that the PBOC has raised its rates in order to combat inflationary pressures.