20 April 2011

China Data

Fixed Assets Inv Excl. Rural YTD YoY (China) {CH}
OBSERVATION PERIOD: MAR (Monthly)
ACTUAL  : 25.0%
PRIOR   : 24.9%
REVISED : – -
SURVEY  : 24.8%  (Mean: 24.9%, High: 27.5%, Low: 24.0%)

Retail Sales (YoY) (China) {CH}
OBSERVATION PERIOD: MAR (Monthly)
ACTUAL  : 17.4%
PRIOR   : 11.6%
REVISED : – -
SURVEY  : 16.5%  (Mean: 16.3%, High: 18.5%, Low: 10.4%)
Retail Sales YTD YoY (China) {CH}
OBSERVATION PERIOD: MAR (Monthly)
ACTUAL  : 16.3%
PRIOR   : 15.8%
REVISED : – -
SURVEY  : 16.5%  (Mean: 16.0%, High: 16.5%, Low: 14.2%)

Industrial Production YTD YoY (China) {CH}
OBSERVATION PERIOD: MAR (Monthly)
ACTUAL  : 14.4%
PRIOR   : 14.1%
REVISED : – -
SURVEY  : 14.1%  (Mean: 14.1%, High: 14.6%, Low: 13.5%)
[10:02:45 AM] i_am_abundant:
Industrial Production (YoY) (China) {CH}
OBSERVATION PERIOD: MAR (Monthly)
ACTUAL  : 14.8%
PRIOR   : 14.9%
REVISED : – -
SURVEY  : 14.0%  (Mean: 13.9%, High: 15.5%, Low: 12.5%)
[10:02:55 AM] i_am_abundant:

Real GDP YoY (China) {CH}
OBSERVATION PERIOD: 1Q (Quarterly)
ACTUAL  : 9.7%
PRIOR   : 9.8%
REVISED : – -
SURVEY  : 9.4%  (Mean: 9.4%, High: 10.1%, Low: 8.9%)

Producer Price Index (YoY) (China) {CH}
OBSERVATION PERIOD: MAR (Monthly)
ACTUAL  : 7.3%
PRIOR   : 7.2%
REVISED : – -
SURVEY  : 7.2%  (Mean: 7.3%, High: 8.8%, Low: 6.0%)

Consumer Price Index (YoY) (China) {CH}
OBSERVATION PERIOD: MAR (Monthly)
ACTUAL  : 5.4%
PRIOR   : 4.9%
REVISED : – -
SURVEY  : 5.2%  (Mean: 5.2%, High: 5.5%, Low: 4.8%)

China Economy Grows More-Than-Forecast 9.7% as Prices Jump
China’s economy grew a more- than-estimated 9.7 percent in the first quarter and inflation accelerated in March to the fastest pace since 2008. Consumer prices rose 5.4 percent from a year earlier, …
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GET OUT OF THE MARKETS NOW!

The Data are good economically BUT it is accelerating to the FASTEST PACE since 2008. Meaning that whatever the Chinese government been hiking rates recently since last year, isnt really working. This is going to see a 110% Chinese Government will be coming in to HIKE both Interest Rates and Bank Reserves very soon.
With commodities prices at high levels, inflation is something very damaging for the 2nd biggest economy of the world and if the economy cannot cool down, after severe financial policy, this could spin off to a global problem very soon.
It is like a car travelling at 200km per hour and trying to stop BY jamming the BRAKES but someone keep pouring gas into the car at the same time. So imagine what will happen if this car start to go out of control????