China steel production declines 4% m/m in July

dzyx

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Poo

figure one is not right, is it? how can our be declining, while the the y/y growth rate be positive?

dzyx

You should compare with last year seasonal pattern.

Poo

You should compare with last year seasonal pattern.
dzyx 发表于 2010-8-15 03:19

I did, 09 most of the month have positive y/y growth. 10 all month have positive y/y growth. that means 10 should be higher than last year all the way, no declining. because 10 are all positive growth than last year?

then how can the out put declining all the way?

hillcrest

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