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. source: National Bureau of Statistics of China

Industrial Production in China averaged 11.53 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 May of 2022.

Industrial Production in China is expected to be 4.50 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
2022-04-18 02:00 AM Mar 5% 7.5% 4.5% 4.2%
2022-05-16 02:00 AM Apr -2.9% 5% 0.4% 0.4%
2022-06-15 02:00 AM May -2.9%


Related Last Previous Unit Reference
Business Confidence 47.40 49.50 points Apr 2022
Non Manufacturing PMI 41.90 48.40 percent Apr 2022
Industrial Production Mom -7.08 0.39 percent Apr 2022
Industrial Production -2.90 5.00 percent Apr 2022
Manufacturing Production -4.60 4.40 percent Apr 2022
New Orders 42.60 48.80 points Apr 2022
Changes in Inventories 6718.00 6609.00 CNY HML Dec 2020
Leading Economic Index 97.47 97.11 points Feb 2022
Electricity Production 608600.00 670170.00 Gigawatt-hour Apr 2022
Mining Production 9.50 12.20 percent Apr 2022
Cement Production 19471.00 18654.56 Ten Thousands of Tonnes Apr 2022
Corporate Profits 1955570.00 1157560.00 CNY Million Mar 2022
Capacity Utilization 75.80 77.40 percent Mar 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
-2.90 5.00 35.10 -21.10 1990 - 2022 percent Monthly

News Stream
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
China Industrial Output Rises More than Expected
China's industrial production grew by 5% yoy in March 2022, beating market consensus of 4.5% and following a 7.5% gain in January-February combined, reflecting a resurgence of COVID-19 infections. Both manufacturing and utilities production slowed, amid further rise in mining output. Among manufacturing, production rose softer for chemical raw material and chemical products (3.0% vs 4.9% in January-February combined), food processing industry (6.1 percent vs 6.5 percent), communication (12.5 percent vs 12.7 percent), electricity and heat production and supply industries (3.9 percent vs 6.8 percent), and textiles (0.7 percent vs 4.9 percent), while there was a decline in both automobile (-1.0% vs 7.2%) and general equipment (-0.7 percent vs 5.0 percent). For the first quarter of the year, industrial output grew by 6.5% from a year earlier.
2022-04-18
China Industrial Output Growth Beats Estimates
China's industrial production rose by 7.5% yoy in January-February 2022 combined, exceeding market consensus of 3.9% and quickening from a 4.3% gain in the prior period. The latest figure was the fastest pace since June 2021, as the recovery in the economy gained momentum in the first two months of the year, with both manufacturing and mining output accelerating while utilities production grew further. Among manufacturing, production went up faster for chemical raw material and chemical products (4.9% vs 1.2% in December), automobile (7.2% vs 2.8%), general equipment (5.0 percent vs 1.5 percent), agriculture and food processing industry (6.5 percent vs 5.7 percent), communication (12.7 percent vs 12.0 percent), and electricity and heat production and supply industries (6.8 percent vs 7.9 percent), while there was a rebound in output of both textiles (4.9 percent vs -2.4 percent) and non-metal minerals (1.3 percent vs -0.2 percent).
2022-03-15