Economy
February 17, 2015
China’s Economic Statistics Q4 2014
Written by Peter Wright
The first graphic depicted below shows published Chinese data for the growth of GDP, industrial production and consumer prices through Q4 2014. The GDP and industrial production portions of this graph are three month moving averages. GDP grew 7.3 percent y/y in both the 3rd and 4th quarters and has been declining since Q1 2010. The growth of industrial production year over year on a three month moving average basis which had been averaging 16 percent from early 2003 to mid-2008 decreased in December to 7.6 percent continuing a five month period of continuous contraction.
