{"id":11123,"date":"2010-07-15T14:16:44","date_gmt":"2010-07-15T18:16:44","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=11123"},"modified":"2010-07-15T14:16:44","modified_gmt":"2010-07-15T18:16:44","slug":"chinas-gdp-consumer-inflation-slow-in-second-quarter-of-2010","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/07\/15\/chinas-gdp-consumer-inflation-slow-in-second-quarter-of-2010\/","title":{"rendered":"China&#8217;s GDP, Consumer Inflation slow in second quarter of 2010"},"content":{"rendered":"<p><strong>By CountingPips.com<\/strong><\/p>\n<p>A Chinese government release today showed that China&#8217;s gross domestic product grew at a slower pace than expected in the second quarter of 2010. The Chinese economy grew by 10.3% on an annual basis in the April to June quarter following an 11.9% annual advance in the first quarter. This was slightly lower than the economic forecasts that were expecting an approximate 10.5% year-over-year rise in China&#8217;s GDP.<\/p>\n<p>The second quarter GDP rise brought the size of China&#8217;s economy to US$2.553 trillion or 17.284 trillion Chinese yuan.<\/p>\n<p>Also reported today by the National Bureau of Statistics of China showed that Chinese consumer inflation slowed down a bit in June. The consumer price index increased by 2.9% in June following a 3.1% increase in May and came in below market forecasts that were expecting inflation to increase to 3.3% per month.<\/p>\n<p>Meanwhile, Chinese producer price inflation increased by 6.4% on an annual basis through June following a gain of 7.1% in May. This release was below market forecasts expecting a 6.8% increase.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chinese economy grew by 10.3% on an annual basis in the April to June quarter following an 11.9% annual advance in the first quarter&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-11123","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=11123"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11123\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=11123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=11123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=11123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}