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Henan's Economic Recovery Accelerated in August

Source:dahe.cn Published:2022-09-20 14:58

Henan's Economic Recovery Accelerated in August

河南省上个月经济数据加速奔跑 社会消费品零售总额同比增长7.9%


In August, Henan's economy maintained a good recovery momentum with the growth rate of a number of key indicators rising significantly and higher than that of China, said a source from Henan Statistics Bureau on August 19.



The recovery of industrial production accelerated



Aside from the low base of the same period last year, benefiting from preferential policies, Henan saw its added value of the industrial enterprises above designated size rise 7.7 percent year on year in August, 2.6 percentage points faster than July, the highest monthly growth rate since April last year and 3.5 percentage points higher than the national growth rate.



Investment in fixed assets maintained rapid growth



Since January, Henan has made great efforts to promote the construction of major projects and expand its investment by giving priority to effective investment. During the January-August period, Henan's fixed-asset investment increased 9.8 percent year on year, 0.3 percentage points lower than the January-July period but 4.0 percentage points higher than the national average, maintaining a rapid growth.



Consumption picked up significantly



Due to the low base of the same period last year, Henan's consumption picked up significantly. In August, the total retail sales of consumer goods in Henan reported an increase of 7.9 percent year on year to 196.883 billion yuan, 5.2 percentage points faster than July.

主要受低基数效应影响,全省消费增速明显提升。8月份,全省社会消费品零售总额1968.83亿元,同比增长7.9%,比7月加快5.2个百分点。(中文来源/大河报·豫视频 记者/王新昌 编译/赵汉青 海报/何蒙贺 审校/张军平)

Editor:Zhao Hanqing