China Industrial Production y/y

Country:
China
CNY, Chinese yuan
Sector:
Business
Medium 6.0% 6.5%
6.0%
Last release Importance Actual Forecast
Previous
6.5%
6.0%
Next release Actual Forecast
Previous
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China Industrial Production y/y reflects the rate of growth of value added of industrial products manufactured in the given month compared to the same month of the previous year. The indicator is also known as the output growth rate.

The following components are used for evaluating industrial production:

  • sales ratio (the ratio between sold and manufactured products);
  • export supply costs (this component refers to exports);
  • daily production;
  • annual output growth rate.

Calculation is based on data received from companies with the annual turnover at least 20 mullion yuan. Enterprises are divided into geographical regions and industry sections. The three main sectors of Chinese industry include mining, manufacturing and energy.

The indicator is used for evaluating the current state of production and near-term outlook, as well as for analyzing the economy expansion scale. Production remains the largest part of Chinese export, therefore the indicator is used by Chinese government in the development and adjustment of national economic policy.

Industrial production growth indicates an increase in the economy activity level and affects national GDP positively. Therefore, the value growth can be seen as positive for yuan quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "China Industrial Production y/y" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Jul 2018
6.0%
6.5%
6.0%
Jun 2018
6.0%
6.5%
6.8%
May 2018
6.8%
6.6%
7.0%
Apr 2018
7.0%
6.8%
6.0%
Mar 2018
6.0%
6.3%
7.2%
Feb 2018
7.2%
7.2%
Feb 2018
7.2%
6.2%
Dec 2017
6.2%
6.1%
Nov 2017
6.1%
6.2%
Oct 2017
6.2%
6.6%
Sep 2017
6.6%
6.0%
Aug 2017
6.0%
6.4%
Jul 2017
6.4%
7.6%
Jun 2017
7.6%
6.5%
May 2017
6.5%
6.5%
Apr 2017
6.5%
7.6%
Mar 2017
7.6%
6.3%
Feb 2017
6.3%
6.0%
Dec 2016
6.0%
6.2%
Nov 2016
6.2%
6.1%
Oct 2016
6.1%
6.1%
Sep 2016
6.1%
6.3%
Aug 2016
6.3%
6.0%
Jul 2016
6.0%
6.2%
Jun 2016
6.2%
6.0%
May 2016
6.0%
6.0%
Apr 2016
6.0%
6.8%
Mar 2016
6.8%
5.4%
Feb 2016
5.4%
5.9%
Dec 2015
5.9%
6.2%
Nov 2015
6.2%
5.6%
Oct 2015
5.6%
5.7%
Sep 2015
5.7%
6.1%
Aug 2015
6.1%
6.0%
Jul 2015
6.0%
6.8%
Jun 2015
6.8%
6.1%
May 2015
6.1%
5.9%
Apr 2015
5.9%
5.6%
Mar 2015
5.6%
6.8%
Feb 2015
6.8%
7.9%
Dec 2014
7.9%
7.2%
Nov 2014
7.2%
7.7%
Oct 2014
7.7%
8.0%
Sep 2014
8.0%
6.9%
Aug 2014
6.9%
9.0%
Jul 2014
9.0%
9.2%
Jun 2014
9.2%
8.8%
May 2014
8.8%
8.7%
Apr 2014
8.7%
8.8%
Mar 2014
8.8%
8.6%

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