# National%20Bureau%20of%20Statistics
Latest news and articles about National%20Bureau%20of%20Statistics
Total: 47 articles found
China’s Inflation Tick-Up: Lunar New Year Travel and Services Push CPI to Three-Year High
China’s CPI rose 1.3% year-on-year in February — the highest pace in three years — driven largely by a Lunar New Year-fuelled jump in services and a rebound in food prices. Core inflation was 1.3% for January–February, indicating strengthening underlying demand even as officials stress ample supply and manageable risks.
China’s February Housing Prices Show Monthly Stabilisation but Annual Declines Persist
February data from China’s National Bureau of Statistics shows month‑on‑month declines in housing prices across 70 major cities narrowed, signalling a tentative short‑term stabilisation. However, year‑on‑year prices remain lower across most tiers — particularly in the second‑hand market — underscoring persistent demand weakness and structural challenges in the property sector.
China’s Consumer Prices Spike After Lunar New Year as Producer Inflation Continues to Recover
February’s data show China’s consumer prices rose sharply month‑on‑month after the Lunar New Year while producer‑price declines continued to narrow. The bounce is concentrated in services and selective industrial sectors, reflecting a seasonal consumption burst and policy‑driven improvements in supply and demand conditions.
China’s Consumer Prices Tick Up as Producer Inflation Eases — Seasonal Consumer Bounce Meets Commodity-Driven Input Costs
February’s Chinese CPI rose 1.3% year-on-year and 1.0% month-on-month, boosted by a post-holiday surge in services. Producer prices continued to recover, with PPI up 0.4% month-on-month and an annual decline narrowing to 0.9%, reflecting rising commodity prices and firmer industrial demand.
China’s February PMI Signals Holiday Lull and Uneven Recovery: Big Firms and High‑Tech Hold Up While SMEs Slip
February’s PMI data show a modest slowdown in China’s economic activity: manufacturing PMI slipped to 49.0% while non‑manufacturing activity edged up to 49.5%, leaving the composite index at 49.5%. Large and high‑tech firms are expanding, but small and medium enterprises and parts of the services sector remain weak, highlighting an uneven recovery amplified by the Lunar New Year holiday.
China Tops ¥140 trillion GDP as 2025 Growth Holds — Tech, Consumption and ‘Unified Market’ Drive the Turnaround
China reported 5.0% GDP growth in 2025, surpassing ¥140 trillion in aggregate output as officials highlight technological upgrading, higher R&D intensity and stronger domestic circulation. The statistical communique frames the year as a successful close to the 14th Five‑Year Plan, while signalling continued policy support to manage structural adjustment and external uncertainty.
Modest Income Gains, Uneven Recovery: Beijing Pushes to Convert Rising Incomes into Stronger Household Spending
China’s National Bureau of Statistics reported a 5.0% rise in per‑capita disposable income to 43,377 yuan in 2025, with rural incomes growing faster than urban ones but a large urban‑rural gap persisting. Household consumption rose modestly, with services now nearly half of spending, while Beijing rolls out policy measures aimed at boosting incomes and converting saving into spending.
China’s 70‑City Housing Data: Monthly Drops Narrow but Year‑on‑Year Slump Deepens
January 2026 housing data from China’s National Bureau of Statistics show month‑on‑month price declines across first, second and third‑tier cities have narrowed, but year‑on‑year drops remain substantial, particularly in resale markets. Shanghai bucks the national trend with annual gains in new‑home prices, highlighting persistent city‑level divergence.
Shanghai Drives a Split China Housing Market as Nationwide Prices Continue to Slip
January’s housing data show a market of two halves: Shanghai leads an isolated new‑home price recovery while most cities — particularly second‑ and third‑tier markets — continue to see year‑on‑year price declines. Resale prices are sliding more sharply, underlining ongoing stress for household wealth, developers and municipal revenues.
Holiday Timing and an Oil Slide Keep China’s January CPI Tepid at 0.2%
China’s January CPI slowed to 0.2% year-on-year as the calendar shift of the Spring Festival and falling global oil prices weighed on headline inflation. Core inflation excluding food and energy rose modestly, while analysts say January and February should be read together because of the festival timing, with annual inflation likely to remain low.
China’s Consumer Prices Tick Up as Factory Deflation Eases — But Underlying Dynamics Remain Mixed
January data show China’s headline CPI barely rose, held down by a strong base from last year’s Lunar New Year and falling food and energy prices. Core inflation and monthly PPI gains point to improving domestic demand and selective industrial recovery, but producer‑price weakness persists, leaving policymakers balancing support for growth with price stability.
China's Industrial Profits Inch Up as Tech and Equipment Manufacturing Offset a Mining Slump
China's large industrial firms posted a small 0.6% profit increase in 2025, driven by strong gains in equipment and high‑technology manufacturing that offset a steep fall in mining. Revenue growth remained tepid and indicators such as rising receivables and inventories point to a fragile recovery that could be vulnerable to external demand shocks.