Nothing shocking in the numbers. Slowdown in data still in effect, although it moderated in most cases.
November SOE fixed asset investment as a share of total FAI was the third highest percentage in 2017. It was only one of three months that exceeded 37 percent. (The low was 35.2 percent in March.)
All data from NBS or PBoC.
Inflation in everything you need, deflation in everything you want
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Australian households are struggling financially. Real per capita household
final consumption fell by 2.5% in 2023, driving the nation’s per capita
reces...
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