China steps on the gas to spark economy, Aug fiscal spending jumps 26%

Last Updated: Tuesday, September 15, 2015, 10:55

China cranked up its fiscal spending by 26 percent in August from a year earlier as Beijing tries to re-energise flagging economic growth and convince reluctant local officials to spend.

WPI, retail inflation touch new lows bolstering rate cut hopes

Last Updated: Monday, September 14, 2015, 21:19

Consumer price inflation eased to 3.66 percent in August from 3.69 percent, while wholesale prices tumbled for a tenth straight month to minus 4.95 percent compared with a provisional (-) 4.05 percent in July.

Retail inflation falls to a new low of 3.66% in August

Last Updated: Monday, September 14, 2015, 19:10

Retail inflation fell to a new low of 3.66 percent in August due to a slower rate of price rise in vegetables, fruits and protein items, except pulses, which may prompt the Reserve Bank to cut rates at its September 29 policy meet.

August retail inflation hits a multi-year low of 3.66%

Last Updated: Monday, September 14, 2015, 17:48

Retail inflation for the month of August fell to multi-year low of 3.66 percent on account of cheaper food prices, including of vegetables, fruits and cereals, as per data released by the Central Statistics Office (CSO).

August WPI inflation dips to historic (-)4.95%, pressure on RBI to cut rate

Last Updated: Monday, September 14, 2015, 13:04

The Wholesale Price Index-based inflation was (-)4.05 percent in July. It has been in the negative zone since November 2014. In August 2014, inflation was 3.85 percent.

Contraction deepens: August WPI inflation falls to -4.95%

Last Updated: Monday, September 14, 2015, 12:16

The WPI inflation for the month of August stood at -4.95 percent for the month of August, 2015 (over August, 2014) as compared to -4.05 percent for the previous month and 3.85 percent during the corresponding month of the previous year, according to the data released by the government.

China retail sales up 10.8%

Last Updated: Sunday, September 13, 2015, 16:08

Sales in rural areas rose 11.9 percent in August and 11.7 percent in the January-August period.

China retail sales up 10.8%

Last Updated: Sunday, September 13, 2015, 16:08

Sales in rural areas rose 11.9 percent in August and 11.7 percent in the January-August period.

China economic growth sputters in August, more support measures seen

Last Updated: Sunday, September 13, 2015, 16:05

The downbeat data came on the heels of weak trade and inflation readings, raising the chances that third-quarter economic growth may dip below 7 percent for the first time since the global crisis.

US federal budget deficit shrinks

Last Updated: Saturday, September 12, 2015, 10:17

The budget deficit stood at $64.4 billion in August, 50 percent less than the amount recorded a year ago Xinhua quoted the US Treasury Department as saying on Friday.

Audi reports best August sales

Last Updated: Friday, September 11, 2015, 10:53

German automaker Audi AG sold 128,650 cars in August, a year-on-year increase of 2.7 percent, marking its best August sales figures ever.

China consumer inflation rises to 2% in August

Last Updated: Thursday, September 10, 2015, 08:07

The reading for the consumer price index, a main gauge of inflation released by the National Bureau of Statistics (NBS), was higher than July`s 1.6 percent and the strongest since a similar 2.0 percent in August last year.