CAF - China's industrial output rises 4.5% the most in 4 months

2023-09-15 00:51:09 ET

• China's industrial production grew 4.5% year-on-year in August 2023, accelerating from a 3.7% rise in July and above forecasts of 3.9%, the fastest pace in industrial output since April, amid an acceleration in manufacturing activity.
• For the first eight months of 2023, industrial output achieved a growth rate of 3.9%.

• ETFs: ( FXI ), ( KWEB ), ( CQQQ ), ( MCHI ), ( ASHR ), ( YINN ), ( TDF ), ( CHIQ ), ( GXC ), ( EWH ), ( KBA ), ( YANG ), ( CXSE ), ( CAF ), ( CWEB ), ( PGJ ), ( KURE ), ( CHIX ), ( CYB ).

• More on China economy:

• China’s manufacturing activity contracts for a fifth straight month to 49.7 in August

• China consumer inflation turns positive in August; PPI drops the least in 5 months

• China halts youth unemployment data as economy falters

• China's industrial production, retail sales grows less than expected in July

• China's CPI falls for first time in over two years; PPI drops more than expected

• China trade surplus narrows sharply in July as exports, imports both posted double-digit decline

• China service sector growth of 54.1 in July beats forecasts; composite PMI drops to 6-month low

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