China Industrial Output Growth Beats Estimates

2026-04-16 02:04 By Chusnul Chotimah 1 min. read

China’s industrial production grew 5.7% yoy in March 2026, surpassing market expectations of 5.5% but slowing from a 6.3% rise in the combined January–February period, as fallout from the Iran war dampened momentum in China's economy.

Activity moderated across major sectors, including mining (5.7% vs 6.1% in January–February), manufacturing (6.0% vs 6.6%), and utilities, electricity, heat, gas, and water (3.5% vs 4.7%).

Within manufacturing, 30 of 41 major industries posted growth, including computers and communications equipment (12.5%), railway and shipbuilding (13.3%), general equipment (6.3%), special equipment (6.2%), electrical machinery (5.4%), chemicals (9.0%), coal mining and washing (5.3%), agriculture and food processing (8.0%), oil and gas (9.4%), textiles (1.7%), automotive (7.5%), and electricity and heat production (4.2%).

In contrast, output contracted for non-metallic mineral products (-5.5%).

Monthly, industrial output grew 0.28%.

For Q1, industrial output rose 6.1%.



News Stream
China Industrial Output Growth Beats Estimates
China’s industrial production grew 5.7% yoy in March 2026, surpassing market expectations of 5.5% but slowing from a 6.3% rise in the combined January–February period, as fallout from the Iran war dampened momentum in China's economy. Activity moderated across major sectors, including mining (5.7% vs 6.1% in January–February), manufacturing (6.0% vs 6.6%), and utilities, electricity, heat, gas, and water (3.5% vs 4.7%). Within manufacturing, 30 of 41 major industries posted growth, including computers and communications equipment (12.5%), railway and shipbuilding (13.3%), general equipment (6.3%), special equipment (6.2%), electrical machinery (5.4%), chemicals (9.0%), coal mining and washing (5.3%), agriculture and food processing (8.0%), oil and gas (9.4%), textiles (1.7%), automotive (7.5%), and electricity and heat production (4.2%). In contrast, output contracted for non-metallic mineral products (-5.5%). Monthly, industrial output grew 0.28%. For Q1, industrial output rose 6.1%.
2026-04-16
China Industrial Output Growth Beats Estimates
China’s industrial production rose 6.3% yoy in the combined January–February period of 2026, accelerating from a 5.2% growth in December and exceeding market expectations of 5.1%. Activity strengthened across major sectors, including mining (6.1% vs 5.4% in December), manufacturing (6.6% vs 5.7%), and utilities—electricity, heat, gas, and water—(4.7% vs 0.8%). Within manufacturing, 35 of 41 major industries posted increases, including computers and communications equipment (14.2%), railway and shipbuilding (13.7%), general equipment (8.9%), special equipment (8.8%), electrical machinery (8.7%), chemicals (7.6%), coal mining and washing (7.2%), agriculture, food processing (6.1%), oil and gas (5.8%), textiles (5.3%), electricity and heat production (5.1%), non-ferrous metal smelting and rolling (3.9%), automotive (3.4%), non-metallic mineral products (2.5%), and ferrous metal smelting and rolling (2.2%). Monthly, industrial output increased 0.83%. In 2025, production grew 5.9%.
2026-03-16
China Industrial Output Growth Hits 3-Month High
China’s industrial production advanced 5.2% yoy in December 2025, accelerating from a 4.8% rise in the previous month and surpassing market expectations of 5.0%. This marked the fastest increase since September, driven by stronger growth in manufacturing activity (5.7% vs 4.6% in November), amid the government's effort to boost domestic demand. Meanwhile, output from mining (5.4% vs 6.3%) and electricity, heat, gas, and water (0.8% vs 4.3%) also continued to expand. Within manufacturing, 33 of 41 major industries recorded growth, including computers and communications equipment (11.8%), railway and shipbuilding (9.2%), automotive (8.3%), chemical products (8.0%), coal mining and washing (6.4%), non-ferrous metal smelting and rolling (4.8%), electrical machinery and equipment (4.3%), textiles (3.7%), oil and gas extraction (3.7%), food manufacturing (3.2%), and heat production (1.1%). For the full year, industrial production grew 5.9%. Monthly, industrial output rose 0.49%.
2026-01-19