China Investment

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China: Investment growth slows in May

June 11, 2012

In the first five months of this year, urban fixed-asset investment excluding rural households (FAI) grew 20.1% over the same period last year, which was an inch below the 20.2% expansion recorded in the first fourth months but slightly above the 20.0% increase expected by market analysts. Investment in the January-May period reflected a deceleration in the primary and industrial sectors, while services remained stable. Compared to the previous month, investment in urban fixed assets increased a seasonally adjusted 1.15% in May, which followed on a 0.92% rise in April.


Author: Ricard Torné, Head of Economic Research

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China Investment May 2012

Note: Month-on-month changes of seasonally adjusted urban fixed-asset investment index and annual growth rate (year-to-date) in %. Owing to seasonal factors related to the Lunar New Year, annual figures in January and February are reported together.
Source: National Bureau of Statistics of China (NBS).


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