Monitor CH Industrial Production y/y to gauge China's economic health and its global market influence.
This is a key indicator of economic performance, as production significantly influences the economy and swiftly responds to fluctuations in the business cycle. Chinese economic data can greatly affect currency markets due to China's pivotal role in the global economy and its impact on investor sentiment.
What it Measures
It reflects the change in the total inflation-adjusted value of output generated by the manufacturing, mining, and utility sectors.
Usual Effect
A result that exceeds the forecast is generally positive for the currency.
Source & Frequency
National Bureau of Statistics of China (latest release) - http://www.stats.gov.cn/english/ • Data is released monthly, except in February, approximately 15 days after the end of the month.
How Data is Derived
N/A
Also Known As
Industrial Output
Acronym
N/A