March industrial growth expected to average 18.34%
Source: Internet
Author: User
April 8, 38 economists launched the "China Macroeconomic data March consensus forecast" survey showed that March 2010 industrial growth rate expected to average 18.34%. The chain increased by 5.54% in February. Statistics show that 1-February industrial value added increased by 20.7%, and February industrial growth increased by 12.8% year-on-year. March industrial growth was expected to be the median rate of 18%, the minimum value of 13.2%, the highest value of 26%. Dongxiangan, chief macroeconomic analyst at Societe Generale, said that the seasonally adjusted annual growth rate of February was down to 11.7%, slightly above the average since 2000, and that the industrial value of the quarterly Quarter-on-quarter trend fell to 13.6%, below the historical average of 14.8%. The annual decline in heavy industry has fallen to 15.1%, below the average of 16% since 2000. Blue Oak Capital analyst Zhang said in a telephone interview, February due to the spring Festival factors, industrial value added to the year-on-year growth of only 12.8%. March industrial added value and electricity consumption increase consistent, construction, investment, steel, cement, building materials are relatively prosperous, is expected to maintain a high growth trend in the first half.
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