Wednesday , January 20 2021

Industrial production in September increased by 12.6%.



The price index has risen 1.8% in 12 months but it is moderate, but the rise does not match the 8.85% appreciation per dollar in recent months.


Industrial exports grew 12.6% year-on-year in September, when the food sector saw growth of 40% and 17%, respectively, as well as pulp, paper and cardboard sectors. Sofofa and Center for International Studies UC, CEIUC.

The price index has risen 1.8% in 12 months but it is moderate, but the rise does not match the 8.85% appreciation per dollar in recent months.

The above explanation is the 12-month yuan appreciation for a considerable period of 2018, which generally raised the cost of product production, resulting in a certain inertia of inputs and final goods prices. "The report says.

However, he predicted that industrial export prices would fall in the next report. The dollar has been revised
In the short term – there are no structural elements to predict trend changes
From its value.

The September report maintains a positive outlook for industrial exports and overall manufacturing.


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