China's consumer price index, a main gauge of inflation, grew 0.8 percent year on year in January, the slowest rise in more than five years, the National Bureau of Statistics announced Tuesday. Food prices, which account for nearly ...
Tags: consumer price index, CPI
China experienced a third straight month of deficit in foreign exchange transactions as the country's growing appetite for foreign currency expands, according to new data published Tuesday. Chinese banks' forex purchases registered at ...
Tags: Foreign Currency, foreign exchange
China's producer price index (PPI), which measures inflation at wholesale level, dropped 2.2 percent year-on-year in October, the National Bureau of Statistics (NBS) said on Monday. On a monthly basis, the PPI index contracted 0.4 percent ...
Tags: PPI, inflation, wholesale level
China's economic growth will moderate further in the next two years as domestic demand is weakened by the property downturn, UBS has forecast. "We forecast China's GDP growth to slow to 6.8 percent in 2015 and 6.5 percent in 2016. This ...
Tags: economic growth, domestic demand
Growth in China's auto market, the world's biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said. "Personally, I think growth this year can reach 7 percent," Dong Yang, ...
Tags: auto market, Automobile
The Association of American Railroads (AAR) reported Thursday increased US rail traffic for September 2014, with both carload and intermodal volume increasing compared with September 2013. US Class I railroads originated 1,190,431 carloads ...
Tags: rail traffic
China's manufacturing sector expanded in August but at a significantly slower pace, as production rates and new orders softened. The Flash China Manufacturing PMI, published by HSBC in conjunction with Markit Economics, fell 1.4 points to ...
Tags: Manufacturing, Processing Machinery, China Manufacturing
The total cost of ground transportation for Canadian shippers dropped for the third month in a row, according to data from the Canadian General Freight Index. Ground transportation costs dropped 0.4 percent in April, dropped again by 1.2 ...
Tags: Transportation, Logistics
Recent soft economic data including falling property prices have many investors worried about a growth slowdown in China, but Platinum Asset Management sees plenty of investment opportunities. The funds manager said in a note to investors ...
Tags: China Economy
TOKYO — The Japanese government raised its assessment of the economy’s direction this month for the first time in half a year in light of a rebound in consumer spending. “We think the reaction (after a demand surgeA ...
Tags: Japan, Electrical, Electronics
WASHINGTON (AP) — U.S. factory output increased for the fifth straight month in June as manufacturers cranked out more aircraft, chemicals and furniture. The Federal Reserve says factory production rose 0.1 percent, down from a gain ...
Tags: U.S., Electrical, Electronics
North American Class 8 truck orders hit the second-best July ever, according to industry data. July is usually a slow month for truck orders, but demand was higher in July 2014 than expected as North American truckers ordered some 45,400 ...
Tags: Transportation, Truck, Auto
US manufacturing expanded for the 14th straight month in July in a good sign for the overall economy. The Institute for Supply Management, a trade group of purchasing managers, reported Friday that its manufacturing index rose to 57.1, ...
US June propylene contract prices settled down 3 cents/lb ($66/mt) from May, sources said Friday. The decrease puts prices for polymer-grade propylene at 67.5 cents/lb ($1,488/mt) and chemical-grade propylene at 66 cents/lb ($1,455/mt) ...
Chinese manufacturing grew for the third consecutive month in May, suggesting a slowdown in the world’s second-largest economy is stabilizing, a state-sanctioned industry group said Sunday. The China Federation of Logistics and ...
Tags: economic growth