China’s loan demand weakened significantly in Q2 – PBOC survey
DATA
China’s loan demand weakened significantly in Q2 – PBOC survey
DATA

China’s loan demand weakened significantly in Q2 – PBOC survey

 

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The overall loan demand index stood at 62.2% in the second quarter, sliding 16.2 percentage points from the previous quarter, rising 5.6 percentage points from the same period last year, according to a survey conducted by the People’s Bank of China.

By sectors, the loan demand index of the manufacturing sector stood at 64.1% in Q2, falling by 9.8 percentage points from the previous quarter, and the index for the infrastructure sector stood at 615, sliding 10 percentage points, according the central bank’s survey.

The index for the wholesale and retail sector stood at 60%, down 8 percentage points; while the index for the real estate sector stood at 47%, sliding 8.4 percentage points, it showed.

In addition, the survey showed that the bankers’ macroeconomic heat index stood at 37.8% in the second quarter, falling by 2.4 percentage points from the previous quarter.

Regarding the economic situation in the third quarter, bankers’ macroeconomic heat expectation index stood at 44.7%, 6.9 percentage points higher than Q2, showed the survey.