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China's August industrial output up 5.2% year-on-year, accelerating from July
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According to data released by China's National Bureau of Statistics, the value-added output of industrial enterprises above a designated size grew by 5.2% year-on-year in real terms in August. This growth rate accelerated by 0.7 percentage points compared to the previous month (July). On a month-on-month basis, the value-added output increased by 0.54% in August compared to July. For the period from January to August, the cumulative value-added output of industrial enterprises above a designated size rose by 5.3% year-on-year. The data indicates a modest acceleration in China's industrial production growth during the month of August.
Source report
The National Bureau of Statistics reported that in August, the value-added output of industrial enterprises above a designated size increased by 5.2% year-on-year in real terms. This marks an acceleration of 0.7 percentage points compared to the previous month.
On a month-on-month basis, the value-added output rose by 0.54% in August relative to July.
For the period from January to August, the cumulative value-added output of industrial enterprises above a designated size grew by 5.3% year-on-year.
Source
财联社Eastern
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China’s August industrial output rises 5.2% year-on-year, accelerating from July