China's Economic Activity Likely Remained Stable in November, WSJ Poll Shows — Market Talk
2024-12-13
Category: economic

China's consumption, investment and industrial output all likely stabilized in November, according to a poll of economists by The Wall Street Journal. If those outcomes materialize it would suggest that Beijing's recent stimulus push has put a floor under the fragile economy. Retail sales, a proxy for consumption, are expected to have risen 4.7% on year, compared with October's 4.8% increase. Fixed-asset investment, a barometer for investment in China, likely climbed 3.4% in the January-November period, matching the pace seen in the first ten months of the year. Industrial production is expected to have increased 5.3% last month, same as October. The National Bureau of Statistics is scheduled to release the data on Monday. (singaporeeditors@dowjones.com)