China Aug Added Value of Industries Above Designate Scale +6% YoY, Below Estimates
For the month of August of 2017, China's added value of industries above designate scale grew 6% yearly in real terms, falling short of the estimates of 6.6%, down 0.4 ppts from July's, National Bureau of Statistics (NBS).
On a monthly basis, the added value of industries above designate scale increased 0.46% in August compared with the previous month, with the acceleration 0.05 ppts higher than the previous month. For the first eight months of the year, the added value of industries above designate scale added 6.7% yearly.
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