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April macroeconomic index in green light zone

02
Jun '08
National Bureau of Statistics reported that, the macro-economic April index of China was steady in green light zone at 110.7.

The 'green zone' means economic operations are in the normal range and are in stability. Since January this year, China's macro-economy has been in green zone for consecutive four months.

During September-December 2007, China's macro-economic state was in 'yellow light zone', leaning towards the heating state.

April warning of China's macro-economic index was lower than 113.3 of March. Among various macroeconomic climate indexes published in April, the pre-index to predict future economic trend was at 102.31, slightly lower than 102.80 of the previous month.

In China's macro-economic indicators of April, the National Bureau of Statistics labeled consumer prices, retail sales of consumer goods and financial income as 'yellow zone'. Of these, consumer price has been in 'yellow zone' for eight months, straight.

In April, other indicators of China's macro-economy, including industrial production, fixed asset investment, import and export volume and loans from various financial institutions, were labeled as 'green zone'.

Fibre2fashion News Desk - China


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