The National Bureau of Statistics of China announces that retail sales grew 2.5 per cent year-on-year in July, while industrial production grew 3.7 percent and unemployment grew to 5.3 per cent. The central bank reduces the medium-term lending facility rate, the interest for one-year loans to financial institutions, to 2.5 per cent.
The national statistics office announces that retail sales increasedby2.5 percent yearonyear in July, while industrial production increasedby3.7% and unemployment increased to 5.3%. Toimprovedata gathering methods, the future release of statisticsonage-specificdatawillbe suspended.
The Chinesenational statistics office announces that retail sales increased by 2.5% year on year in July, while industrial production increased by 3.7% and unemployment increased to 5.3%. However, further releases of statistics on age-specific data will be suspended.
