Retail Sales
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China economy shows new signs of weakness with industrial output at 17-year low in July; investment, retail sales down
•China's economy showed further signs of strain in July with output at its factories falling to its lowest level in 17 years, while investment and retail sales also slowed, official data showed on Wednesday
China evokes patriotism, past wars as US trade conflict heats up; state media says tensions will only help them grow stronger
•China has yet to say whether or how it will retaliate to the latest escalation in trade tensions which saw US put telecoms equipment giant Huawei Technologies Co Ltd on a blacklist
October CPI at 3.31% and September IIP at 4.5%: Inflation numbers come as breath of fresh air, show economy is on right track for now
Madan •Two things stand out in the CPI inflation number. The first is that the food items basket is responsible for this low number. The other concern which will definitely be the focus for the RBI is core inflation which is now above 6 percent.
China posts strong first-quarter growth, hearty consumer demand buffers trade worries for now
•China’s economy grew at a slightly faster-than-expected pace of 6.8 percent in the first quarter, buoyed by strong consumer demand, healthy exports and robust property investment
Hero MotoCorp crosses 1 mn sales mark this festival season on better customer strategy, says official
•The company has achieved the milestone with still around three weeks remaining in the current festive season.
China investment growth slows to near 18-year low; output, retail also falter
•The Chinese statistics bureau said hot weather and “structural adjustments” weighed on industrial output last month
GDP in Jan-March hits 6.1%: India loses fastest growing economy tag after slowdown deepens
•The March quarter growth figure is the lowest since the December quarter in 2014, when the economy registered a 6 percent growth,
Data suggests Europe's recession recovery 'broad-based, self-sustaining'
Fp Archives •Another round of economic data Thursday provided evidence that Europe's recovery from recession is becoming broad-based and self-sustaining.<br /><br />
Backfire: diesel dual price actually increasing subsidy burden
Fp Staff •Effectively, what was meant to be sold at market price is finding its way back into the government's subsidy bowl thanks to the rise in retail sales.