Economy
July 22, 2014
China’s Economic Statistics Q2 2014
Written by Peter Wright
Statistical data out of China is always questioned for a number of reasons, not least is, “Is the data politically motivated.” Other suspicions arise because China gets their data out faster than any other major economy and the data is never revised.
Figure 1 shows published data for the growth of GDP, industrial production and consumer prices through Q2 2014. The GDP and industrial production portions of this graph are three month moving averages. GDP grew 7.5 percent y/y in the first quarter a slight increase from the 7.4 percent rate of Q1 but still below potential.
