China's National Bureau of Statistics announced today that preliminary calculations show the country's GDP reached 107,107.1 billion yuan in the first three quarters, a year-on-year increase of 4.6% at constant prices. Specifically, Q1 GDP grew by 5.0% year-on-year, Q2 by 4.3%, and Q3 by 4.5%.
Regarding other key economic indicators, the National Consumer Price Index (CPI) rose by 0.9% year-on-year in the first three quarters, while the Producer Price Index (PPI) increased by 2.3%. The average surveyed urban unemployment rate was 5.2%, unchanged from the same period last year. Total goods imports and exports grew by 18.8% year-on-year, with exports increasing by 16.4% and imports by 22.3%. National fixed asset investment (excluding rural households) decreased by 7.2% year-on-year. National per capita disposable income saw a nominal year-on-year increase of 5.3% and a real increase of 4.4%.
China's National Bureau of Statistics: GDP grew by 4.6% year-on-year in the first three quarters, and CPI rose by 0.9%.
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