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CN Sep Added Value of Industries Above Designate Scale +5.4% YoY, vs +4.6% in Consensus
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In September, China's added value of industries above designate scale grew by 5.4% YoY in real terms, surpassing the market expectation of 4.6%, accelerating by 0.9 ppts compared to the previous month, according to data released by the National Bureau of Statistics. The added value of industries above designate scale increased by 0.59% MoM in September. In 1-3Q24, the added value of industries above designate scale hiked by 5.8% YoY. By three major categories, in September, the mining industry's added value climbed by 3.7% YoY, the manufacturing industry's swelled by 5.2%, and the electricity, heat, gas and water production and supply industry's leaped by 10.1%. AAStocks Financial News |
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