Wednesday, July 13, 2011

China Q2 GDP up 9.5% y-o-y, June industrial output up 15.1%

BEIJING: China's annual gross domestic product growth eased to 9.5 in the second quarter of 2011 from 9.7 percent in the previous quarter, the National Bureau of Statistics said on Wednesday.

But the growth rate was stronger than market expectations of 9.4 percent.

China's GDP in April-June was up 2.2 percent from the first quarter of 2011 on a seasonally adjusted basis, the statistics agency added. It marked a deceleration from the 2.1 percent recorded in the first quarter of this year.

Industrial output rose 15.1 percent in June from a year earlier. ' Reuters


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