The Traderszone Network

Published in TZ Latest News 18 October, 2015 by The TZ Newswire Staff

Oil prices slip as China third-quarter GDP growth falls

Oil prices dipped on Monday as China’s economic growth eased in the third quarter to grow at the slowest pace since the start of the global financial crisis. China’s GDP figures showed growth slowed to 6.9 percent between July-September, beating analysts’ expectations for 6.8 percent growth, but down on a 7 percent rise in the second quarter. Quarter-on-quarter growth was 1.8 percent, the National Bureau of Statistics said, against market expectations of a 1.7 percent rise.