Fri, September 10, 2010
Business > Economy

China to release Aug economic data Saturday

2010-09-10 10:05:15 GMT2010-09-10 18:05:15 (Beijing Time)  China Daily

The National Bureau of Statistics (NBS) will release the August economic statistics on Sept 11, two days earlier than originally scheduled, the China Securities Journal reported on Friday.

The data will include industrial output, fixed-asset investments, consumer prices, producer prices and other important indicators of China's economy.

The statistics department is also making improvements to prevent the leaking of economic data and enhance the efficiency of data release, the newspaper said, citing an unnamed source with the NBS.

Several organizations predicted that China's consumer price index (CPI), a main gauge of inflation, may have a year-on-year increase of over 3.4 percent as food prices continued to grow in August, the Securities Times reported. CPI may hit a peak in the third quarter and start to fall in the fourth quarter, the newspaper said.

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