China's economic data in May

FAI expands 0.72 percent

In May, investment in fixed assets increased 0.72 percent month-on-month. The growth rate over the first five months of 2017 was down 0.3 percentage points from the growth rate of 8.9 percent recorded for the first four months.

Between January and May, private investment in fixed assets reached 12.43 trillion yuan ($1.82 trillion), an increase of 6.8 percent year-on-year.

Compared with figures for the first four months, the growth rate was 0.1 percentage point lower, and the proportion of private investment in fixed assets to total investment in fixed assets (excluding rural households) remained unchanged at 61 percent.

Industrial production operation unleashes good signals

The growth rate in total value added of the industrial enterprises above designated size remained unchanged from April at 6.5 percent year-on-year in real terms (after deducting price factors).

Month-on-month, the total value added of the industrial enterprises above designated size went up by half a percent in May. Across the first five months of the year, the figure was up by 6.7 percent year-on-year.

PPI up 5.5 percent

The Producer Price Index (PPI) for manufactured goods increased 5.5 percent year-on-year in May, and decreased 0.3 percent month-on-month.

The purchasing price index for manufactured goods increased 8 percent year-on-year, and decreased 0.3 percent month-on-month.

Over the first five months, the PPI increased 6.8 percent year-on-year, while for manufactured goods the PPI rose 9 percent.

CPI up 1.5 percent

The consumer price index (CPI) rose 1.5 percent year-on-year in May, while it fell 0.1 percent from April.

From January to May, average consumer prices were up 1.4 percent from the same period last year.