Estimates of Q2 Chinese GDP
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From BOFIT today:
From the analysis:
Official figures show the Chinese economy grew by 4.3 % y-o-y in the second quarter of this year (up 3.6 % q-o-q annually adjusted), missing China’s official 4.5–5 % target range for the year. Weak household demand and lower fixed investment reduced growth from 5 % y-o-y in the first quarter (up 5.3 % q-o-q). BOFIT’s alternative GDP calculations indicate Q2 growth slowed to 3.1 % y-o-y (3.2 % in 1Q). Our estimated alternative GDP growth rate band also widen
From the analysis:
Official figures show the Chinese economy grew by 4.3 % y-o-y in the second quarter of this year (up 3.6 % q-o-q annually adjusted), missing China’s official 4.5–5 % target range for the year. Weak household demand and lower fixed investment reduced growth from 5 % y-o-y in the first quarter (up 5.3 % q-o-q). BOFIT’s alternative GDP calculations indicate Q2 growth slowed to 3.1 % y-o-y (3.2 % in 1Q). Our estimated alternative GDP growth rate band also widen
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