YoY Change in Industrial Production in China
China| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The Year-over-Year Industrial Production Index measures the change in the output of China's mining and manufacturing sectors compared to the same month in the previous year. This data is published monthly by the National Bureau of Statistics (NBS) of China and is crucial for assessing trends in industrial activity.
The Year-over-Year data helps understand how industrial production is fluctuating. If production is increasing, it indicates economic expansion and improved production capacity of companies. Conversely, if production is decreasing, it may indicate economic stagnation and reduced industrial activity.
Policymakers use this data to evaluate the health of the economy and to formulate appropriate monetary and industrial policies. For instance, if industrial production is increasing, the central bank might consider raising interest rates to control inflation risk. On the other hand, if production is decreasing, it may necessitate strengthening economic stimulus measures. For businesses and investors, this data serves as an important information source for understanding industrial trends and making economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
