2018 Economic Calendar
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CNIndustrial Production  
Definition
Industrial production measures the change in the total inflation adjusted value of output produced by manufacturers, mines and utilities. Data are compared with the same month a year earlier.

Why Investors Care
Chinese data can have a broad impact on the currency markets due to China's dominant influence on the global economy and investor sentiment. It's a leading indicator of economic health. Production is the dominant driver of the economy and reacts quickly to ups and downs in the business cycle. No data are published in February for January.

The industrial growth rate is used to reflect a certain period of increase or decrease in volume of industrial production indicators. The indicator can be used to estimate the short term trend of the industrial economy, to judge the extent of the economic boom and also to be an important reference and basis for the formulation and adjustment of economic policies.

Frequency
Monthly

Source
National Bureau of Statistics of China

Availability
Monthly. About 15 days after the end of the reference month. Data are not available for January and February individually due to the Lunar New Year. An average change is published instead.

Coverage
The previous month

Revisions
Yes


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