China Industrial Production YTD (YoY)
Published:
China industrial value added, year to date (NBS) — cumulative annual change
Full explanation
China Industrial Production YTD (YoY) is the cumulative January-to-current-month growth in industrial value added compared with the same period a year earlier, published by the National Bureau of Statistics. It covers enterprises above the official size threshold in mining, manufacturing and utilities. It is NOT the ordinary single-month YoY industrial production figure.
Why traders watch it
Shows the year-to-date trend in Chinese industry.
Stronger vs weaker outcomes
A stronger-than-expected reading points to firmer activity; a weaker one points the other way.
Release details
- Release frequency
- Monthly
Typical volatility
Low. Year-to-date cumulative growth: it moves slowly and differs from the single-month YoY figure. Not seasonally adjusted. Large firms only.
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