Industry in China
China - Industry
Industrial production broadly stable in August
Industrial production expanded 6.1% annually in August, slightly above July’s 6.0% and matching market expectations.
August’s print reflected an acceleration in electricity generation and mining output, while manufacturing production growth edged down.
On a month-on-month basis, industrial production increased 0.52% in seasonally-adjusted terms in August, above July’s 0.47% expansion. Annual average growth in industrial production, meanwhile, edged up from 6.4% in July to 6.5% in August. Despite the slight improvement in August, growth in industrial production remains sluggish and the trend could even worsen in the coming months when spillovers from the ongoing trade dispute with the United States start to kick in.
China Industrial Production Forecast
FocusEconomics Consensus Forecast participants expect industrial production to rise 6.4% in 2018, which is unchanged from last month’s forecast. In 2019, the panel sees industrial production growth decelerating to 6.1%.
China - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 9.7 | 8.3 | 6.1 | 6.0 | 6.6 |
China Industry Chart
Source: National Bureau of Statistics of China and FocusEconomics calculations.
China Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 3.69 | -0.40 % | Sep 20 |
| Exchange Rate | 6.85 | -0.19 % | Sep 20 |
| Stock Market | 2,729 | -0.34 % | Sep 20 |
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Economic News
China: House prices increase at fastest pace in nearly two years in August
September 15, 2018
House prices in 70 large- and medium-sized cities rose 1.4% in August in month-on-month terms according to a weighted average index calculated by Thomson Reuters from data issued by the National Bureau of Statistics (NBS).
China: Industrial production broadly stable in August
September 14, 2018
Industrial production expanded 6.1% annually in August, slightly above July’s 6.0% and matching market expectations. August’s print reflected an acceleration in electricity generation and mining output, while manufacturing production growth edged down. On a month-on-month basis, industrial production increased 0.52% in seasonally-adjusted terms in August, above July’s 0.47% expansion.
China: Free fall in investment growth continues in August
September 14, 2018
Urban fixed asset investment in China expanded 5.3% annually in the first eight months of the year, marking the lowest print on record since the early 1990s.
China: Growth in retail sales accelerates timidly in August
September 14, 2018
In August, nominal retail sales grew 9.0% on an annual basis, a slight acceleration from the 8.8% expansion registered in July.
China: House prices increase at fastest pace in nearly two years in August
September 14, 2018
House prices in 70 large- and medium-sized cities rose 1.4% in August in month-on-month terms according to a weighted average index calculated by Thomson Reuters from data issued by the National Bureau of Statistics (NBS).
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