• Chinese industrial production in line with expectations in December

Market news

20 January 2017

Chinese industrial production in line with expectations in December

Today's report on industrial production from China, published by the National Bureau of Statistics showed that industrial production, in December, year on year increased by 6.0%. However, the figure was a little lower than the previous value of 6.2% and economists' forecast of 6.1%.

This report shows the volume produced by the Chinese industrial enterprises, such as factories and production facilities. The decline in production volumes could have a negative impact on inflation, which may force the People's Bank of China to take measures aimed at easing monetary and fiscal policies.

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