since the middle of 2009, setting the stage for what could be a
further easing in monetary policy and selective loosening on home
purchase restrictions in some cities, according to analysts.
Gross domestic product between October and December rose 8.9% from the
year-ago quarter, the National Bureau of Statistics reported Tuesday,
with the result beating expectations of 8.6% growth tipped in a Dow
Jones Newswires poll of economists.
When measured against the prior quarter, the data showed a deepening
slowdown, with growth at 8.2%, compared to 9.5% growth in the third
quarter.
No comments:
Post a Comment