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Industrial production in China 2014 - 2018 Q3

China's industrial production is growing weaker in third quarter 2018

The course of China's industrial production from the year 2000 to 2017 is already published here. As growth rates of industrial production have recently changed more strongly, this article follows their quarterly and temporarily monthly course.

Update October 22nd, 2018 - The diagram shows the growth rates since September 2017. They moved in a range from 5.8% to 7.2%. These are rates adjusted for prices, i.e. real growth rates.

From January to September 2018 industrial production grew by 6.4% compared to the same period of previous year according to the National Statistical Office of China.

China's industrial production from 2017 to 2018.
Source: National Stataistical Office of China, Industrial Production Operation, 2018-10-19.

China's industrial production growth in the third quarter weaker than in the previous two quarters

The diagram shows the quarterly index changes of China's industrial production since the first quarter 2014 up to the third quarter 2018.

China's quarterly industrial production from 2014 to 2018.

The red area indicates the changes related to the year-ago quarters.


Since 2014 industrial production has been growing continuously, however, at lower growth rates as the diagram confirms. Since the third quarter 2016 growth rates are again increasing compared to previous quarters, reaching double-digit increase.

The index of industrial production increased more strongly in first half year 2018 with 11.1 and 11.4 index points than in first half year 2017 with 10.9 resp. 11.0 index points.

In the third quarter of 2018, quarterly growth was 10.4 index points higher than in the third quarter of 2017 and thus lower than in the first two quarters.

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