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Growth rate same period previous year

CRINAEXKP01GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.56

Year-over-Year Change

-44.67%

Date Range

1/1/1992 - 1/1/2025

Summary

This trend measures the year-over-year growth rate of industrial production in China. It is a key indicator of the health of China's manufacturing sector and broader economic activity.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The growth rate same period previous year tracks the percentage change in industrial production in China compared to the same period a year earlier. It provides insight into the pace and direction of China's industrial output, a vital component of the country's economy.

Methodology

The data is calculated based on monthly surveys of industrial enterprises in China.

Historical Context

This metric is closely watched by economists, policymakers, and investors to assess China's economic performance and prospects.

Key Facts

  • China is the world's second-largest economy.
  • Industrial production accounts for over 30% of China's GDP.
  • The growth rate reached a low of -3.1% in February 2020 due to the COVID-19 pandemic.

FAQs

Q: What does this economic trend measure?

A: This trend measures the year-over-year growth rate of industrial production in China, providing insight into the pace and direction of the country's manufacturing sector.

Q: Why is this trend relevant for users or analysts?

A: China's industrial production is a key indicator of the health of its economy, making this trend highly relevant for economists, policymakers, and investors analyzing China's economic performance and prospects.

Q: How is this data collected or calculated?

A: The data is calculated based on monthly surveys of industrial enterprises in China.

Q: How is this trend used in economic policy?

A: Policymakers and central banks closely monitor this metric to assess the state of China's manufacturing sector and broader economic activity, informing policy decisions.

Q: Are there update delays or limitations?

A: The data is released on a monthly basis, with a typical delay of several weeks following the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Growth rate same period previous year (CRINAEXKP01GYSAQ), retrieved from FRED.