China's Major Economic Indicators in August

SHANGHAI, Sept. 11 (SMM) -- The National Bureau of Statistics released China's major economic indicators in August on September 11th.

    1. China's industrial output accelerated 12.3 percent in August from a year earlier, after gaining 10.8 percent in July.

    2. China's urban fixed-asset investment rose 33 percent in the first eight months of 2009 from a year earlier.

    3. China's retail sales grew 15.4 percent in August year on year. The figure was 15.2 percent in July.

    4. China's consumer price index (CPI), a main gauge of inflation, dipped 1.2 percent in August from a year earlier.

    5. China's producer price index (PPI), a major measurement of inflation at the wholesale level, fell 7.9 percent from a year earlier in August.

    China's new lending in yuan rose to 410.4 billion yuan (60.02 billion U.S. dollars) in August from July's 355.9 billion yuan, but still a sharp decrease from 1.53 trillion yuan in June, the central bank said Friday.

    (Edited by SMM)