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Data from China today indicated that property investment fell its most in more than 20 yrs

Data from China today indicated that property investment fell its most in more than 20 yrs

As part of this data here:

Adding in now on the property sector:

  • property investment January-November fell 9.8% y/y, prior (January - October) was -8.8%

This is the fastest drop in more than 20 years.

More:

  • Property sales by floor area dropped 23.3% in January-November y/y (prior -22.3%)
  • New construction starts measured by floor area -38.9% y/y Jan-Nov (prior -37.8%)
This article was written by Eamonn Sheridan a... Read More
Posted: Dec 15 2022, 03:25
Author Name: forexlive
Views: 110782

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