Investing.com - China said the economy gained 1.1% quarter-on-quarter for the first quarter from the fourth quarter on a on a seasonally adjusted basis, the National Bureau of Statistics reported in data released at the weekend, marking the weakest pace since the data series started in 2011.
The data compared to a 1.5% increase in the fourth quarter, the NBS said in a statement on its website, a revision down from a previously reported 1.6% pace. The third quarter was unchanged at 1.8%.
The bureau did not release the quarter-on-quarter GDP figures or the revisions to previous quarters when it announced its first quarter data on Friday.
"The calculation of the quarter-on-quarter number is work that needs exploration and creativity," said spokesman Sheng Laiyun. "The calculation requires us to take into consideration the impact of holidays, which is very complicated. We are still calculating how to reasonably exclude seasonal factors. I don't have this number yet."