Analysis by Region - Emerging Markets - China

Analysis by Region - Emerging Markets - China



A slightly stronger-than-expected Q2 has lifted our 2024 growth forecast for industrial value-added output to 5.5%. However, the monthly data since have come in largely consistent with our previous forecast: growth has slowed from the highs of 7% y/y at the beginning of the year to just 4.5% in August. We expect that the decline will continue into next year.


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