Industrial production · China
China Industrial Production YoY
The China Industrial Production YoY measures the output of factories, mines and utilities in China (or of one industry).
- 重要性
- Medium
- 发布时间
- Monthly
- 下次发布
- 货币
- CNH · Chinese yuan (renminbi)
- 中央银行
- The People's Bank of China
最新数据
最新一期（SEP）于 2026-10-19 公布，数值为 5.5%。 高于 5.4% 的市场预期。 高于上次的 5.2%。
A stronger figure than expected points to a healthier economy: it usually supports the Chinese yuan (renminbi) and local stocks, and can push bond yields up.
最近 12 次公布中介于 4.1% 至 6.5%，平均 5.2%。 已连续三次公布上升。
| 发布时间 | 期限 | 实际值 | 预期值 | 前值 |
|---|---|---|---|---|
| 19 Oct 2026 | SEP | 5.5% | 5.4% | 5.2% |
| 15 Sep 2026 | AUG | 5.2% | 4.8% | 4.5% |
| 17 Aug 2026 | JUL | 4.5% | 5.0% | 5.3% |
| 15 Jul 2026 | JUN | 5.3% | 4.6% | 4.5% |
| 16 Jun 2026 | MAY | 4.5% | 4.3% | 4.1% |
| 18 May 2026 | APR | 4.1% | 5.9% | 5.7% |
| 16 Apr 2026 | MAR | 5.7% | 5.5% | 6.3% |
| 16 Mar 2026 | JAN-FEB | 6.3% | 5.1% | 5.2% |
| 19 Jan 2026 | DEC | 5.2% | 5% | 4.8% |
| 15 Dec 2025 | NOV | 4.8% | 5% | 4.9% |
| 14 Nov 2025 | OCT | 4.9% | 5.5% | 6.5% |
| 20 Oct 2025 | SEP | 6.5% | 5% | 5.2% |
为何重要
Industry is a smaller share of output than services in most rich economies but it is far more cyclical and reacts first to global demand. Strong production supports growth estimates; capacity utilisation near its limits points to inflation pressure.
计算方法
the National Bureau of Statistics (NBS) combines physical output and deflated sales data for many industries into a volume index, adjusted for working days and seasons. Capacity utilisation divides output by estimated maximum output.
Change (mom) = index ÷ last month's index − 1
Capacity utilisation = output ÷ capacity × 100变化意味着什么
- Monthly changes are noisy (weather, holidays, strikes); compare with the year-on-year rate.
- In Germany, Japan, Korea and China industry carries more weight for the currency.
高于预期：A stronger figure than expected points to a healthier economy: it usually supports the Chinese yuan (renminbi) and local stocks, and can push bond yields up.
低于预期：A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.
简史
The US Federal Reserve has published its industrial production index since 1919; it is one of the series used to date US business cycles.
问题
What is the China Industrial Production YoY?
The China Industrial Production YoY measures the output of factories, mines and utilities in China (or of one industry).
What was the latest China Industrial Production YoY?
5.5% for SEP, published on 19 October 2026 (consensus 5.4%, previous 5.2%).
When is the next China Industrial Production YoY?
On Monday 16 November 2026 at 02:00 UTC.
仅供学习参考，不构成投资建议。数据为我们日历记录的已发布结果；所述市场反应为典型情况，并无保证。