China's industrial production expanded by 3.9% yoy in June 2022, compared with market consensus of 4.1% and much faster than a 0.7% gain in May. The latest result was the second straight month of growth in industrial output, as the economy emerged further from COVID-19 strict restrictions. Production picked up strongly for both manufacturing (3.4% vs 0.1% in May) and utilities (3.3% vs 0.2%) while mining output growth quickened (8.7% vs 7.0%). Among manufacturing, production grew further for both chemical raw material and chemical products (5.4% vs 5.0% in May), communication (11.0% vs 7.3%), amid a rebound in production of automobile (16.2% vs -7.0%), general equipment (1.1% vs -15.8%), and electricity and heat production and supply industries (3.2% vs -0.8%). In contrast, there were falls in production of food processing industry (-0.3% vs 1.6%) and textiles (-3.9% vs -3.5%). For the first half of the year, industrial output advanced by 3.4% from the same period of 2021. source: National Bureau of Statistics of China

Industrial Production in China averaged 11.49 percent from 1990 until 2022, reaching an all time high of 35.10 percent in January of 2021 and a record low of -21.10 percent in January of 1990. This page provides - China Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Industrial Production in China is expected to be 4.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Industrial Production is projected to trend around 4.10 percent in 2023 and 3.90 percent in 2024, according to our econometric models.

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China Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-06-15 02:00 AM May 0.7% -2.9% -0.7% -0.8%
2022-07-15 02:00 AM Jun 3.9% 0.7% 4.1% 3.1%
2022-08-15 02:00 AM Jul 3.9% 4.5% 5%


Related Last Previous Unit Reference
Business Confidence 49.00 50.20 points Jul 2022
Non Manufacturing PMI 53.80 54.70 percent Jul 2022
Industrial Production Mom 0.84 5.61 percent Jun 2022
Industrial Production 3.90 0.70 percent Jun 2022
Manufacturing Production 3.40 0.10 percent Jun 2022
New Orders 48.50 50.40 points Jul 2022
Changes in Inventories 10996.00 6718.00 CNY HML Dec 2021
Leading Economic Index 93.57 96.90 points May 2022
Mining Production 8.70 7.00 percent Jun 2022
Corporate Profits 4270220.00 3441000.00 CNY Million Jun 2022
Cement Production 19558.00 20279.54 Ten Thousands of Tonnes Jun 2022
Capacity Utilization 75.10 75.80 percent Jun 2022
Electricity Production 608600.00 670170.00 Gigawatt-hour Apr 2022

China Industrial Production
In China, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.
Actual Previous Highest Lowest Dates Unit Frequency
3.90 0.70 35.10 -21.10 1990 - 2022 percent Monthly

News Stream
China Industrial Output Growth Accelerates
China's industrial production expanded by 3.9% yoy in June 2022, compared with market consensus of 4.1% and much faster than a 0.7% gain in May. The latest result was the second straight month of growth in industrial output, as the economy emerged further from COVID-19 strict restrictions. Production picked up strongly for both manufacturing (3.4% vs 0.1% in May) and utilities (3.3% vs 0.2%) while mining output growth quickened (8.7% vs 7.0%). Among manufacturing, production grew further for both chemical raw material and chemical products (5.4% vs 5.0% in May), communication (11.0% vs 7.3%), amid a rebound in production of automobile (16.2% vs -7.0%), general equipment (1.1% vs -15.8%), and electricity and heat production and supply industries (3.2% vs -0.8%). In contrast, there were falls in production of food processing industry (-0.3% vs 1.6%) and textiles (-3.9% vs -3.5%). For the first half of the year, industrial output advanced by 3.4% from the same period of 2021.
2022-07-15
China Industrial Output Unexpectedly Expands
China's industrial production unexpectedly grew by 0.7% yoy in May 2022, easily beating market consensus of a 0.7% drop and reversing from a 2.9% fall in April. Manufacturing output rebounded following a relaxation in COVID-19 curbs in some major cities (0.1% vs -4.6% in April) and mining production contined to rise (7.0% vs 9.5%). Meantime, utility output was sluggish (0.2% vs 1.5%). Among manufacturing, production recovered for both chemical raw material and chemical products (5.0% vs -0.6% in April) and food processing industry (1.6% vs -0.1%), amid a faster rise in communication (7.3% vs 4.9%). In contrast, there were falls in production of automobile (-7.0% vs -31.8%), general equipment (-6.8% vs -15.8%), textiles (-3.5% vs -6.3%), and electricity and heat production and supply industries (-0.8% vs 0.9%). For the first five months of the year, industrial output expanded by 3.3% from the same period of 2021.
2022-06-15
China Industrial Output Drops for 1st Time in Over 2 Years
China's industrial production unexpectedly fell by 2.9% yoy in April 2022, missing consensus of a 0.4% growth and shifting from a 5% gain in March. It was the first decline in industrial production since March 2020, as widening COVID-19 lockdown measures snarled supply chains and paralyzed distribution. Manufacturing fell (-4.6% vs 4.4%), and there were softer rises in utilities production (1.5% vs 4.6%) and mining output (9.5% vs 12.2%). Among manufacturing, production shrank for chemical raw material and chemical products (-0.6% vs 3.0% in March), automobile (-31.8% vs -1.0%), general equipment (-15.8 percent vs -0.7 percent), textiles (-6.3 percent vs 0.7 percent), and food processing industry (-0.1 percent vs 6.1 percent). In addition, there was a slower increase in communication (4.9 percent vs 12.5 percent), electricity and heat production and supply industries (0.9 percent vs 3.9 percent). For the first 4 months of the year, industrial output grew by 4% from a year earlier.
2022-05-16