China: Value-Added Industrial Output (MoM) - All Industries (SA)

Macro

2026-10-19

Description

China's Industrial Value Added (IVA) is compiled and released by China's National Bureau of Statistics (NBS). This indicator measures the growth of industrial output and is often used to observe the health of the industrial sector and overall economic activity. Generally speaking, higher values ​​indicate strong industrial activity, while lower values ​​may indicate a slowdown.

Note:
1. Industrial added value is calculated based on the added value of industrial enterprises above designated size, which usually includes enterprises with annual operating income of more than 20 million yuan.
2. Seasonally Adjusted (SA) refers to statistically measuring, separating and adjusting the seasonal factors hidden in the data from the series, so that the economic data can more accurately reflect the real economic changes. .

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China Industry

AI Data Insight

China's seasonally adjusted industrial production month-over-month (MoM) growth rate climbed to 0.61% in September 2026 (Q3), continuing to accelerate from the previous month's 0.54%. Supported by high-tech manufacturing sectors such as computer and communication equipment, along with robust exports, the year-over-year (YoY) growth rate also hit a six-month high, beating market consensus. Although short-term momentum is steady, attention must be paid to structural concerns regarding weak domestic demand and uneven industry recovery.

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AI Data Insight

China's seasonally adjusted industrial production month-over-month (MoM) growth rate climbed to 0.61% in September 2026 (Q3), continuing to accelerate from the previous month's 0.54%. Supported by high-tech manufacturing sectors such as computer and communication equipment, along with robust exports, the year-over-year (YoY) growth rate also hit a six-month high, beating market consensus. Although short-term momentum is steady, attention must be paid to structural concerns regarding weak domestic demand and uneven industry recovery.

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Macro
Description

China's Industrial Value Added (IVA) is compiled and released by China's National Bureau of Statistics (NBS). This indicator measures the growth of industrial output and is often used to observe the health of the industrial sector and overall economic activity. Generally speaking, higher values ​​indicate strong industrial activity, while lower values ​​may indicate a slowdown.

Note:
1. Industrial added value is calculated based on the added value of industrial enterprises above designated size, which usually includes enterprises with annual operating income of more than 20 million yuan.
2. Seasonally Adjusted (SA) refers to statistically measuring, separating and adjusting the seasonal factors hidden in the data from the series, so that the economic data can more accurately reflect the real economic changes. .

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China Industry