China Key Economic Indicators

Augur Labs Indicators

Indicator Reference Last Previous Unit
Daily Growth Nowcast by Augur Labs March 31, 2025 5.5 5.6 percent
Potential Growth by Augur Labs March 2025 5.5 5.5 percent
Output Gap by Augur Labs March 2025 -10.2 -10.1 percent
Inflation Nowcast by Augur Labs March 2025 -0.3 -0.3 percent

National Accounts

Indicator Reference Last Previous Unit
Real GDP Growth Rate, Quarter-over-Quarter Q4 2024 6.6 5.3 percent
Real GDP Growth Rate, Year-over-Year Q4 2024 5.4 4.6 percent
Nominal GDP, National Currency Q4 2024 144,558 133,049 billion
Nominal GDP, USD Q4 2024 20,071 18,559 billion (USD)
Economic Growth Target 2025 5.0 5.0 percent

Prices

Indicator Reference Last Previous Unit
Consumer Price Index, Year-over-Year February 2025 -0.7 0.5 percent
Core Consumer Price Index, Year-over-Year February 2025 -0.1 0.6 percent

Labor

Indicator Reference Last Previous Unit
Unemployment Rate February 2025 5.2 5.2 percent
Unemployed Persons June 2023 4 4 persons
Unemployment Rate (As Reported) February 2025 5.4 5.2 percent

Domestic Trade & Household

Indicator Reference Last Previous Unit
Real Retail Sales, Year-over-Year February 2025 3.7 3.0 percent
Real Retail Sales, Month-over-Month February 2025 0.6 0.2 percent
Retail Sales, Year-over-Year (As Reported) December 2024 3.7 3.0 percent

Foreign Trade

Indicator Reference Last Previous Unit
Exports, Year-over-Year February 2025 5.4 1.7 percent
Imports, Year-over-Year February 2025 -4.3 -5.1 percent

Balance of Payment

Indicator Reference Last Previous Unit
Current Account, USD Q1 2023 388,866 327,136 million (USD)

Production

Indicator Reference Last Previous Unit
Industrial Production, Year-over-Year February 2025 5.9 5.9 percent
Industrial Production, Month-over-Month February 2025 0.5 0.2 percent
Capacity Utilization Q4 2024 74.9 74.8
Electricity Production, Year-over-Year February 2025 5.1 0.2 percent

Housing

Indicator Reference Last Previous Unit
Floor Space Started February 2025 51,648,708 54,501,118 square meters

Money & Credit

Indicator Reference Last Previous Unit
Central Bank Policy Rate March 31, 2025 3.100 3.100 percent
Broad Money February 2025 319,405 317,295 billion
Narrow Money February 2025 109,773 109,783 billion

Automobile

Indicator Reference Last Previous Unit
Vehicle Sales February 2025 2,844,197 2,740,475 units

Surveys

Indicator Reference Last Previous Unit
Consumer Confidence January 2025 87.5 86.4 points
Manufacturing PMI February 2025 50.8 50.1
Services PMI February 2025 51.4 51.0
NBS Manufacturing PMI March 2025 50.5 50.2
NBS Non-Manufacturing PMI March 2025 50.8 50.4

Market

Indicator Reference Last Previous Unit
10-Year Bond Yield March 28, 2025 1.81 1.80 percent
3-Month Bill Rate March 28, 2025 1.52 1.54 percent
Cyclically Adjusted Price-to-Earnings Ratio (CAPE) March 2025 13.5 13.0
Real Effective Exchange Rate (Trade-Weighted) March 28, 2025 11.0 11.0
2-Year/10-Year Yield Curve March 28, 2025 27.4 25.5 basis points
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