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Analysis & Opinion

Analysis & Opinion

The Baseline Scenario Kevin's Market Blog Econbrowser Chart.ly Blog Calculated Risk Real Time Economics China’s GDP growth fell in the first quarter to its slowest pace since September of 2012, slipping to 7.4% on-year growth from 7.7% the in the fourth quarter. The increase was slightly higher than economists’ expectations of a 7.3% gain. Authorities released other data that suggested continuing weakness, but not at a quickening pace. Industrial production grew 8.8% on year in March below expectations of 9% but up from an average 8.6% expansion in January and February, combined to limit distortions from the Lunar New Year holidays. Retail sales were 12.2% higher on-year in March, up from 11.8% growth in January and February. Fixed-asset investment, meanwhile, slipped to 17.6% on year in the first quarter from 17.9% growth in the first two months. Markets rose on the data, with both the Shanghai and Hong Kong stock markets clicking higher. Some economists saw a massaging of the GDP figures.

The Economy and the Economics of Everyday Life - Economix Blog Marginal Revolution Dani Rodrik's weblog Economics and Politics - Paul Krugman Blog

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