City skyline in China

China Industry July 2020

China: Industrial output growth stabilizes in July

Industrial output grew 4.8% year-on-year in July (June: +4.8% yoy). July’s result was below the 5.2% increase that market analysts had expected.

Looking at the details of the release, manufacturing output strengthened in July, while growth in energy output lost steam and mining and quarrying production posted a contraction.

On a seasonally-adjusted monthly basis, industrial production rose at a more moderate pace of 0.98% in July (June: +1.30% mom). Meanwhile, the trend stabilized, with the annual average growth of industrial production coming in at June’s 1.5% in July.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest