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Forex News / China Q2 GDP rises 7.9 percent on year: report

16.07.2009

China Q2 GDP rises 7.9 percent on year: report

Business News / Forex Tester

The economy grew 7.1 percent on the year in the first half, the newspaper said.

Similar rumors of a 7.1 percent movement of development representing the first half circulated in locality pecuniary markets on Wednesday.

The National Bureau of Statistics is due to let go GDP facts later on Thursday at 0200 GMT.

The median foretell of economists polled close by Reuters is representing second-quarter development of 7.5 percent from a year earlier.

The Beijing Times also reported that the consumer charge guide was down more than 1 percent in the 12 months to June, while the maker charge guide cut more than 6 percent.

The median market-place foretell is representing declines of 1.3 percent and 7.5 percent respectively.

(Reporting close by Lucy Hornby and Zhou Xin; Editing close by Jonathan Hopfner)





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