Economy
July 26, 2016
China’s Economic Statistics and Steel Production through Q2 2016
Written by Peter Wright
Figure 1 shows published data for the growth of GDP, industrial production and consumer prices through the second quarter of 2016. The GDP and industrial production portions of this graph are three month moving averages. The growth of GDP was 6.7 percent in the second quarter, which was unchanged from the first quarter, down from 6.8 percent in the fourth quarter of 2015, and the slowest pace since the global financial crisis. The growth rate of GDP has declined steadily since it peaked at 11.9 percent in Q1 2010.
