China’s Consumer prices in March 2021 increased by 0.4% year-on-year and decreased by 0.5% month-on-month. China’s Ex-factory prices of industrial producers in March 2021 increased by 4.4% year-on-year and 1.6% month-on-month.
From January to February, due to factors such as the low base in the same period in 2020 , the year-on-year growth rate of China’s economy main indicators is relatively high. Source: NBS Press release 1. The growth of industrial production is accelerating, and the equipment manufacturing industry and high-tech manufacturing industry are growing well. Large enterprises […]
Premier Li Keqiang first outlined the measures taken by the Chinese government in the context of the Covid-19 pandemic whose origin is still unclear but whose first outburst has been witnessed in Wuhan, China. In the face of the pandemic, and in accordance with Party guidelines, the State has formulated and implemented macroeconomic policies which […]
The Consumer Confidence Survey of February 2021 was released on March 4th, 2021 1. Consumer Confidence Index, Consumer Perception Indices The Consumer Confidence Index (seasonally adjusted series) in February 2021 was 33.8, up 4.2 points from the previous month. The categories of the Consumer Perception Indices (seasonally adjusted series), which are comprised of the Consumer Confidence […]
THE EMPLOYMENT SITUATION — FEBRUARY 2021 Total nonfarm payroll employment rose by 379,000 in February, and the unemployment rate was little changed at 6.2 percent, the U.S. Bureau of Labor Statistics reported today. The labor market continued to reflect the impact of the coronavirus (COVID-19) pandemic. In February, most of the job gains occurred in […]
Money aggregates, loans and deposits 1. Broad money grew by 10.1%, narrow money grew by 7.4% At the end of February, the broad money (M2) balance was 223.6 trillion yuan, a year-on-year increase of 10.1%, and the growth rate was 0.7 and 1.3 percentage points higher than the end of the previous month and the […]
The outlook for platinum and palladium is likely to remain bullish in 2021 after a rally in 2020 that was boosted by the prospect of a faster than expected recovery for global growth and for global vehicle sales. Platinum should benefit most from the rebound in vehicle sales and from the increased demand for Jewelry across the world as the global economy rebounds and pent-up demand is released.