Tag Archives: year-on-year growth

China’s industrial growth picks up in September with a 5.5% increase

China’s industrial production rose by 5.5% in September compared with the same month a year earlier. The growth rate accelerated by 0.3 percentage points, according to the figures presented in the Lusa summary.

The year-on-year comparison shows the change relative to September of the previous year. The acceleration signals a faster growth rate, but should not be confused with a 5.5% increase in production between August and September.

For businesses monitoring international suppliers and markets, this indicator provides information about Chinese industrial activity. The summary does not break down sectors, exports or orders, so it cannot establish which particular industry drove the improvement.

Monitor industrial indicators to put your company’s commercial decisions into context.