"The economic slowdown has hit employment faster than usual," said Dominique Barbet, an economist at BNP Paribas in Paris.
But China's current account was already in surplus when the investment slowdown started, and is rising faster than it did a decade ago, so if and when the effects feed through to consumption, the change in the current account could be much bigger than last time.
Even with the slowdown Internet ad spending still grew faster than that for TV (1.7percentt), magazines (0.8percentt), newspapers (-5.2 percent), radio (-4.5 percent), and outdoor (2.5percentt).
The Economist's interactive chart below allows you to make your own predictions.Despite its slowdown, China's economy is still growing faster than America's.
The application server market is growing much faster than expected despite the slowdown in corporate technology spending, concluded a study released yesterday by the International Data Corporation, a research firm.
Cathy Jamieson, a member of Parliament for the opposition Labour Party, said that despite the slowdown in inflation in July, "prices continue to rise faster than wages as the Tory-led government's cost of living crisis continues".
"We did expect to see a slowdown, but this is going to slow things down faster than we expected," Carliner says.
Overall, except for three degenerated cases where EXCELLENT got 23% faster than FINE, we obtained an average slowdown of 81% with a selectiveness improvement of 130%.
The Commerce Department reported that economic growth in the third quarter was 4.9percentt, faster than originally thought, although analysts are expecting a slowdown in the fourth quarter.
