Biz China Weekly: CPI, PPI, RRR cut, new yuan loans, auto sales
Xinhua
11 Jul 2021, 15:18 GMT+10
BEIJING, July 11 (Xinhua) The following are the highlights of China s business news from the past week: CPI, PPI China s consumer price index (CPI), one of the main gauges of inflation, rose 1.1 percent year on year in June, lower than the 1.3 percent year-on-year growth recorded in May, data from the National Bureau of Statistics (NBS) showed on Friday. The average CPI in the first half of the year increased 0.5 percent from the same period last year, according to the NBS. The data also shows that China s producer price index, which measures costs for goods at the factory gate, rose 8.8 percent year on year in June, falling from its 9 percent growth in May.
2021-07-11 05:20:52 GMT2021-07-11 13:20:52(Beijing Time)
BEIJING, July 11 (Xinhua) Sales of China s 23 leading loader makers totaled 84,992 in the first half of 2021, up 26 percent year on year, data from the China Construction Machinery Association showed.
During the period, some 17,781 loaders were exported to the overseas market, a 59-percent growth from the same period last year.
In June alone, loader exports jumped 86.5 percent year on year to reach 3,174.
Bucking the trend, loader sales last month came in at 12,160 units, down 8.13 percent year on year.
The purchasing managers index for the manufacturing sector came in at 51 in May, indicating expansion though slightly down from 51.1 in April, data from the National Bureau of Statistics showed. Enditem
2021-07-11 04:50:42 GMT2021-07-11 12:50:42(Beijing Time)
BEIJING, July 11 (Xinhua) The following are the highlights of China s business news from the past week:
CPI, PPI
China s consumer price index (CPI), one of the main gauges of inflation, rose 1.1 percent year on year in June, lower than the 1.3 percent year-on-year growth recorded in May, data from the National Bureau of Statistics (NBS) showed on Friday.
The average CPI in the first half of the year increased 0.5 percent from the same period last year, according to the NBS.
The data also shows that China s producer price index, which measures costs for goods at the factory gate, rose 8.8 percent year on year in June, falling from its 9 percent growth in May.
SIMONKOLAWOLE! BY SIMON KOLAWOLE
Nigeria, a country of roughly 250 ethnic groups arbitrarily coupled together by the British colonialists in 1914, is mired in an âexistential crisisâ, probably like never before. Apart from the north, it seems every other part wants out. The Indigenous People of Biafra (IPOB), under the leadership of Mazi Nnamdi Kanu, has long declared its intention to pull NdâIgbo out of the Nigerian âzooâ. Chief Sunday Igboho, increasingly referred to as Yoruba rights activist, is fronting the agitation for the Republic of Oduduwa. Some Niger Delta militants recently announced the resumption of hostilities. The details are not yet out, but the region, whose oil is critical to government revenue, has its own ideas.
China s loader sales up 26 pct in H1
Xinhua
11 Jul 2021, 15:44 GMT+10
BEIJING, July 11 (Xinhua) Sales of China s 23 leading loader makers totaled 84,992 in the first half of 2021, up 26 percent year on year, data from the China Construction Machinery Association showed. During the period, some 17,781 loaders were exported to the overseas market, a 59-percent growth from the same period last year. In June alone, loader exports jumped 86.5 percent year on year to reach 3,174. Bucking the trend, loader sales last month came in at 12,160 units, down 8.13 percent year on year. The purchasing managers index for the manufacturing sector came in at 51 in May, indicating expansion though slightly down from 51.1 in April, data from the National Bureau of Statistics showed.