UPDATE 2-China Oct home prices rise for 1st time in 14 months, outlook cloudy BEIJING, Nov 18- Home prices in China rose for first time in over a year in October on an annual basis, signaling a housing market stabilization that could help re-energize the listless economy. Average new home prices rose 0.1 percent in October from a year earlier, Reuters calculated from National Statistics Bureau data out on Wednesday, reversing September's...
| By: Xiaoyi Shao and Sue-Lin Wong
UPDATE 1-China Oct home prices rise for 1st time in 14 months BEIJING, Nov 18- Home prices in China rose for first time in over a year in October on an annual basis, signaling a housing market stabilization that could help re-energize the listless economy. "Home prices are unlikely to see big gains in second-and third-tier cities in future, as they are struggling with high inventories," said Guo Lei, an economist at Founder...
China new home prices rise 0.1 percent in October BEIJING, Nov 18- China's new home prices rose 0.1 percent in October from a year earlier, higher than the previous month's drop of 0.9 percent, an official survey showed on Wednesday, marking the first year-on-year gains in over a year. New home prices in Beijing in October rose 6.5 percent from a year earlier, while those in Shanghai increased 10.9 percent.
UPDATE 1-China October property investment slows further, sales cool BEIJING, Nov 11- Annual growth in real estate investment in China slowed further in October while sales cooled slightly, pointing to persistent weakness in the property market that could continue to drag on the broader economy. Property investment, a crucial growth driver, grew 2.0 percent in the first 10 months from a year earlier, down from an annual rise of 2.6...
UPDATE 1-China economic activity shows downward pressures persist *Oct factory output +5.6 pct y/y, vs f'cast +5.8 pct. BEIJING, Nov 11- Growth in China's factory output eased in October while that for retail sales edged up and investment inched lower, indicating persistent downward pressures on the economy that may require further policy support. Factory output grew slower than expected at an annual 5.6 percent in October,...
| By: Kevin Yao and Meng Meng
CHINA MONEY-China improves FX statistics but GDP data still flawed SHANGHAI, Nov 10- China is making welcome efforts to improve its official foreign exchange statistics in a bid to win reserve status for its currency, but some big data flaws remain, particularly the embarrassing disparity between local and centrally reported GDP figures. "The most important improvement is that now we can compare China's figures to other...
Asian shares mostly stumble on Fed jitters Asian shares retreated on Tuesday, tracking a sell-off in offshore markets, as a fresh batch of Chinese data added to the uncertainty from a looming interest-rate hike in the U.S.
| By: See Kit Tang
UPDATE 2-China Oct data shows deflationary pressure persists *Oct CPI +1.3 pct y/y vs +1.6 pct in Sept. BEIJING/ SHANGHAI, Nov 10- China's October inflation data showed persisting if not intensifying deflationary pressure, spurring analysts to expect more moves to stimulate the slowing economy by year-end. The October consumer price index cooled more than expected, rising 1.3 percent from a year earlier. compared with 1.6...
| By: Xiaoyi Shao and Nathaniel Taplin