China's National Bureau of Statistics lately announced a number of the country's main economic indicators for October and for the first 10 months of 2009.
In the January-October period this year, China's urban fixed assets investment rose 33.1 percent year on year to RMB 15.071 trillion, with this growth rate up 5.9 percentage points on the increase rate for the same period last year, but down 0.2 of a percentage point compared with the growth registered in the first nine months of 2009. Investment in real estate development during the period in question totaled RMB 2.844 trillion, up 18.9 percent year on year.
In October, the industrial output of major industrial enterprises in China with annual sales of more than RMB 5 million saw a rise of 16.1 percent year on year, up 7.9 percentage points compared with the growth for the same period last year and 2.2 percentage points higher month on month. In the January-October period, China's industrial output was up 9.4 percent, 5.0 percentage points lower than the year-on-year increase rate for the first ten months of 2008.
In October, China's retail sales totaled 1.1718 trillion, up 16.2 percent year on year. The growth rate in question was up 0.7 of a percentage point compared with that registered in the previous month, and was down 5.8 percentage points compared with the same month last year. In the first ten months of this year, China's retail sales climbed 15.3 percent year on year to RMB 10.1394 trillion, down 6.7 percentage points on the increase rate for the same period last year, but up 0.2 of a percentage point compared with the growth registered in the first nine months of 2009.
In October, China's overall consumer price index (CPI) slipped by 0.5 percent year on year, declining by 0.3 of a percentage point from the September level. In the January-October period, the CPI was down 1.1 percent year on year.
In October, China's producer price index (PPI) for industrial products decreased 5.8 percent from a year earlier, down 1.2 percentage points month on month. In the January-October period, China's PPI fell 6.4 percent year on year, down 0.1 of a percentage point compared with the decrease rate for the first nine months of this year.