China's major economic statistics for August show that the momentum of economic recovery has weakened as the growth rate of indicators of consumption trends has shrunk compared to the previous month due to the temporary re-expansion of the new coronavirus infection. I am.
China's National Bureau of Statistics released major economic statistics for August on the 15th.
According to this, "retail sales", which shows the trend of consumption, increased by only 2.5% compared to the same month last year, and decreased by 6 points from the previous month.
This was mainly due to the temporary re-expansion of the new coronavirus infection, which led to a negative sales in the restaurant industry, and a decrease in automobile sales due to the impact of a global semiconductor shortage.
In addition, the growth rate of industrial production decreased by 1.1 points from the previous month.
The Chinese economy, which had been depressed due to the spread of infection last year, has continued to recover, but its momentum is weakening due to the effects of soaring international raw material prices.
According to the National Bureau of Statistics, "China's economy continues to recover, but there are still many uncertainties such as the future of the world economy and the new corona, and it is necessary to strengthen the foundation for the economy to recover." ..