Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

China industrial production grew at the slowest pace in nearly two decades in the first two months of the year, retail sales gains were steady and property investment surged despite a fall in demand, suggesting that the economy is not out of the woods yet.

The government releases combined data for the first two months of the year to remove distortions caused by the change in the timing of the Lunar New Year holidays.

Industrial production rose 5.3 percent year-on-year in the January to February period, the National Bureau of Statistics said Thursday, which was less than the 5.6 percent gain economists had forecast.

The pace of growth was reportedly the weakest since 2002. In December, production grew 5.7 percent.

Removing the seasonal distortions, industrial output expanded 6.1 percent year-on-year in the two-month period, the NBS said.

Data also showed that retail sales growth remained near 15-year lows in the two-month period, at 8.2 percent year-on-year. Economists had forecast an 8 percent increase.

Recent figures showed that automobile sales remained particularly weak, falling for the eighth consecutive month in February.

Meanwhile, fixed asset investment rose 6.1 percent year-on-year in the January to February period, which was faster than December's 5.9 percent increase. Economists had predicted 6.2 percent increase.

Fixed investment growth was led by an 11.6 percent surge in property investment, the fastest in five years, while spending in manufacturing and infrastructure sectors slowed. However, home and land sales decreased.

The surveyed unemployment rate climbed to 5.3 percent in February from 4.9 percent in December.

Capital Economics said the latest data will ease concerns over a sharp slowdown at the start of the year, but the near-term outlook remained downbeat.

"The pullback in housing starts confirms earlier signs that developers have turned more cautious and that a slowdown in property construction is likely to weigh on growth in the coming months," Capital Economics economist Julian Evans-Pritchard said.

The slowdown in infrastructure investment suggests that fiscal loosening is still struggling to gain momentum, the economist noted.

"With credit growth yet to see a meaningful turnaround, we think economic growth will remain under pressure until at least the middle of this year," Evans-Pritchard added.