(IGM)[CHINA] Q3 GDP slowed to 9.6% y/y (9.5% f/c) vs 10.3% y/y in Q2 which is...
[CHINA] Q3 GDP slowed to 9.6% y/y (9.5% f/c) vs 10.3% y/y in Q2 which is mostly due to the high base effect but nonetheless still shows robust growth pace. Sep CPI 3.6% y/y (3.6% f/c) vs 3.5% y/y in Aug. Sep PPI 4.3% y/y (4.1% f/c) vs 4.3% y/y in Aug, Sep industrial production slowed to 13.3% y/y (13.6% f/c) vs 13.9% y/y in Aug, Sep retail sales grew 18.8% y/y (18.5% f/c) vs 18.4% y/y in Aug, Sep YTD urban FAI 24.5% y/y (24.5% f/c) vs 24.8% y/y in Aug. The stats bureau said ecoomy has further strengthened and heading in expected direction. It adds China will maintain continuity, stability of policies while improving flexibility.
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