Pages

Thursday, 9 August 2012

2012.08.09 02:51:21 Interbank Foreign Exchange Rates At 20:50 EST / 0050 GMT

0100 GMT [Dow Jones] PREVIEW: Data from the National Bureau of
Statistics due at 0530 GMT will likely show industrial output grew
9.8% in July from a year earlier, quicker than the 9.5% increase in
June, according to the median forecast of 15 economists surveyed by
Dow Jones. "Growth may have stabilized at a low level--industrial
production may have remained sluggish amid destocking," Citi
economists say in a note. Fixed-asset investment in non-rural areas
likely grew 20.5% in January-July on year, slightly higher than growth
of 20.4% in January-June, the survey shows. (li.liu@dowjones.com)



(END) Dow Jones Newswires

August 08, 2012 21:00 ET (01:00 GMT)

No comments:

Post a Comment