China’s September electricity consumption rises 1.2% to 899.7 TWh

The modest year-on-year gain points to steady rather than accelerating power demand in the world's largest electricity market, a read worth noting for anyone tracking industrial activity through an energy lens. Because the release covers all sectors in aggregate, it says little about where the growth sits — whether services and households are carrying demand while heavy industry lags remains unclear from this single figure. The open question is whether this pace holds in the coming months' releases, since a sustained single-digit trend would mark a softer trajectory than earlier in the year.