Forex
globalreutersSeptember 20, 20241 Mins read
China’s electricity consumption rose 8.9% year on year in August
globalreutersSeptember 20, 20241 Mins read China’s power consumption is regularly used as a gauge of economic activity.
It rose 8.8% y/y in August
- power consumption in primary industry and secondary industry rose 8.7% & 8.9% y/y respectively
- service sector +10.8% (was +11.2 in July)
For the first eight months of the year, China’s power consumption rose 9% y/y, unchanged from the January-July period.
This article was written by Eamonn Sheridan at www.forexlive.com.
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