China's industrial production increased 5 percent year-on-year in May 2019, easing from a 5.4 percent advance in April and missing market consensus of 5.5 percent. That was the weakest yearly growth in factory output since early 2002 amid an escalating trade dispute between Beijing and Washington, as production rose at a slower pace for both manufacturing (5 percent vs 5.3 percent in April) and utilities (5.9 percent vs 9.5 percent). Meanwhile, mining output expanded faster (3.9 percent vs 2.9 percent). By industry, output rose less for power equipment and communication, while production growth accelerated for chemicals, non-metal minerals, ferrous metals, general equipment, transport equipment and machinery. In addition, textiles output rebounded. Considering the first five months of the year, industrial production grew 6 percent compared with the same period last year. Industrial Production in China averaged 12.01 percent from 1990 until 2019, reaching an all time high of 29.40 percent in August of 1994 and a record low of -21.10 percent in January of 1990.

Industrial Production in China is expected to be 5.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in China to stand at 5.70 in 12 months time. In the long-term, the China Industrial Production is projected to trend around 5.00 percent in 2020, according to our econometric models.

China Industrial Production
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-03-14 02:00 AM Industrial Production YoY 5.3% 5.7% 5.5% 5.6%
2019-04-17 02:00 AM Industrial Production YoY 8.5% 5.3% 5.9% 6.2%
2019-05-15 02:00 AM Industrial Production YoY 5.4% 8.5% 6.5% 6.9%
2019-06-14 07:00 AM Industrial Production YoY 5% 5.4% 5.5% 5.4%
2019-07-15 02:00 AM Industrial Production YoY 5% 5.8%
2019-08-14 02:00 AM Industrial Production YoY 5.6%
2019-09-16 02:00 AM Industrial Production YoY 5.4%


China Business Last Previous Highest Lowest Unit
Business Confidence 49.40 50.10 59.20 38.80 Index Points [+]
Services PMI 52.70 54.50 54.70 50.00 Index Points [+]
Non Manufacturing PMI 54.30 54.30 62.20 50.80 percent [+]
Manufacturing PMI 50.20 50.20 52.30 47.20 [+]
Industrial Production 5.00 5.40 29.40 -21.10 percent [+]
Industrial Production Mom 0.36 0.37 1.32 0.13 percent [+]
Manufacturing Production 5.00 5.30 11.40 5.00 percent [+]
New Orders 49.80 51.40 65.10 32.30 Index Points [+]
Changes in Inventories 15873.10 14186.00 15873.10 3.00 CNY HML [+]
Total Vehicle Sales 1912600.00 1980500.00 3060271.00 88416.00 [+]
Car Production 1491400.00 1660500.00 2669100.00 215533.00 Units [+]
Car Registrations 1561200.00 1574900.00 2672300.00 213534.00 [+]
Internet Speed 7583.32 6295.74 7583.32 635.70 KBps [+]
IP Addresses 98862937.00 104032031.00 119094184.00 28818357.00 IP [+]
Steel Production 85032.00 80326.00 85032.00 4918.00 Thousand Tonnes [+]
Mining Production 3.90 2.90 7.90 -3.80 percent [+]
Capacity Utilization 75.90 76.00 78.00 72.90 percent [+]
Competitiveness Index 72.61 71.76 72.61 4.55 Points [+]
Competitiveness Rank 28.00 28.00 34.00 26.00 [+]
Composite Pmi 51.50 52.70 53.70 48.00 [+]
Cement Production 22696.00 21345.40 23427.00 781.50 Ten Thousands of Tonnes [+]
Corruption Index 39.00 41.00 41.00 21.60 Points [+]
Corruption Rank 87.00 77.00 100.00 40.00 [+]
Corporate Profits 1812940.00 1297200.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 46.00 78.00 99.00 46.00 [+]
Electricity Production 544000.00 569800.00 640500.00 41760.00 Gigawatt-hour [+]


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. This page provides - China Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Industrial Production - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.40 29.40 -21.10 1990 - 2019 percent Monthly




Country Last Previous
Argentina -8.80 Apr/19
Australia 1.20 Mar/19
Brazil -3.90 Apr/19
Canada 0.32 Mar/19
China 5.00 May/19
Euro Area -0.40 Apr/19
France 1.10 Apr/19
Germany -1.80 Apr/19
India 3.40 Apr/19
Indonesia 7.90 Mar/19
Italy -1.50 Apr/19
Japan -1.10 Apr/19
Mexico -2.86 Apr/19
Netherlands -2.30 Apr/19
Russia 0.90 May/19
Saudi Arabia 2.34 Sep/18
Singapore 0.10 Apr/19
South Africa 4.60 Apr/19
South Korea -0.10 Apr/19
Spain 1.70 Apr/19
Switzerland 4.30 Mar/19
Turkey -4.00 Apr/19
United Kingdom -1.00 Apr/19
United States 2.00 May/19


Related

Latest