Monday, September 10, 2012

Mainland industrial output growth at slowest pace in three years





Industrial output on the mainland grew last month at the slowest pace in three years, pointing to a worsening slowdown in the economy, official figures showed yesterday.


Meanwhile, price inflation rose for the first time in five months, which could make it more difficult for the central government to take stimulative measures.


The consumer price index rose to 2 per cent last month from 1.8 per cent in July, data released by the National Bureau of Statistics showed. A 3.4 per cent jump in food prices year on year helped drive the index higher.









via Business feed http://www.scmp.com/business/economy/article/1033025/mainland-industrial-output-growth-slowest-pace-three-years

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