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China Industrial Production

Last Release
Mar 31, 2024
Actual
4.5
Units In
%
Previous
7
Frequency
Monthly
Next Release
May 17, 2024
Time to Release
29 Days 15 Hours
Highest
Lowest
Average
Date Range
Source
35.1
Jan 2021
-21.1
Jan 1990
11.16 %1990-2024National Bureau of Statistics of China
In China, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.

Latest Updates

China's industrial production grew by 4.5% year-on-year in March 2024, much softer than a 7% growth in January-February combined and below market forecasts of 5.4%. It was the softest expansion in industrial output since last September, due to weaker rises in all activities: manufacturing (5.1% vs 7.7% in Jan-Feb), utilities (4.9% vs 7.9%), and mining (0.2% vs 2.3%). By industries, production moderated for computer and communications (10.6% vs 14.6%), textile (2.5% vs 6.6%), oil and natural gas mining industry (1.5% vs 3.0%), non-ferrous metals (11.2% vs 12.5%), cars (0.9% vs 9.8%), and chemicals (9.1% vs 10.0%). Simultaneously, general equipment production stalled after rising 4.1% in the previous period, while coal, mining, and washing contracted (-1.6% vs 1.4%). On a monthly basis, the industrial output edged down by 0.08%. For the first quarter of the year, industrial output expanded by 6.1%.

China Industrial Production History

Last 12 readings

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