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CHINA PRESS: China October Electricity Use Up 4.3% Y/Y

CHINA PRESS
EM BulletAPACChinaEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

China’s power demand in October reached 774.2 billion kilowatt hours, up 4.3% y/y, slower than the 7.6% y/y during the first 10 months of the year, data from the National Energy Administration showed. Electricity demand from the primary, secondary and tertiary industries increased 5.1%, 2.7% and 8.4%, according to the data. October consumption growth had slowed as high temperatures during August and September faded, said Wu Liqiang, director at Statistics and Data Center of the China Electricity Council.

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China’s power demand in October reached 774.2 billion kilowatt hours, up 4.3% y/y, slower than the 7.6% y/y during the first 10 months of the year, data from the National Energy Administration showed. Electricity demand from the primary, secondary and tertiary industries increased 5.1%, 2.7% and 8.4%, according to the data. October consumption growth had slowed as high temperatures during August and September faded, said Wu Liqiang, director at Statistics and Data Center of the China Electricity Council.