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Country Report China March 2011
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HTMLOutlook for 2011-15: Quarterly forecasts
| Quarterly forecasts | ||||||||||||
| 2010 | 2011 | 2012 | ||||||||||
| 1 Qtr | 2 Qtr | 3 Qtr | 4 Qtr | 1 Qtr | 2 Qtr | 3 Qtr | 4 Qtr | 1 Qtr | 2 Qtr | 3 Qtr | 4 Qtr | |
| GDP | ||||||||||||
| % change, quarter on quarter | 2.3 | 1.9 | 2.4 | 2.8 | 2.1 | 2.0 | 2.0 | 1.9 | 2.1 | 2.2 | 2.3 | 2.1 |
| % change, year on year | 12.0 | 10.3 | 9.6 | 9.8 | 9.6 | 9.6 | 9.2 | 8.3 | 8.3 | 8.5 | 8.8 | 9.0 |
| Consumer prices | ||||||||||||
| % change, quarter on quarter | 2.0 | -0.1 | 0.6 | 2.2 | 2.1 | 0.9 | -0.2 | 1.2 | 2.0 | 0.4 | 0.0 | 1.4 |
| % change, year on year | 2.1 | 2.7 | 3.3 | 4.7 | 4.9 | 5.9 | 5.1 | 4.1 | 4.0 | 3.6 | 3.7 | 3.9 |
| Producer prices | ||||||||||||
| % change, quarter on quarter | 1.0 | 3.1 | 0.2 | 1.3 | 1.8 | 2.8 | 0.0 | 0.7 | 0.5 | 1.7 | 1.5 | 0.1 |
| % change, year on year | 5.2 | 6.8 | 4.5 | 5.7 | 6.6 | 6.2 | 6.1 | 5.4 | 4.1 | 3.0 | 4.5 | 3.9 |
| Exchange rate Rmb:US$ | ||||||||||||
| Average | 6.83 | 6.82 | 6.77 | 6.66 | 6.58 | 6.58 | 6.42 | 6.36 | 6.34 | 6.29 | 6.13 | 6.15 |
| End-period | 6.83 | 6.79 | 6.70 | 6.62 | 6.62 | 6.58 | 6.50 | 6.39 | 6.35 | 6.32 | 6.21 | 6.14 |
| Interest rates (%; av) | ||||||||||||
| Money market rate | 2.0 | 2.5 | 2.6 | 3.5 | 3.7 | 4.0 | 4.3 | 4.2 | 4.1 | 4.1 | 4.3 | 4.2 |
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