5Monthly industrial production 0.3% decline, semiconductor 10.0% drop weighs on manufacturing

The National Data Office announced in its '30-day 2026year 5monthly industrial activity trends' report that 5monthly industrial production fell 0.3% from the previous month, marking a decline for the second consecutive month. This statistic is a key indicator showing trends in the manufacturing sector.

Mining and manufacturing production fell 3.0% from the previous month, while semiconductor production declined 10.0%. Automobile and petroleum refining production increased.

Pharmaceutical production fell 17.5%, and manufacturing shipments declined 2.4% from the previous month.

Domestic shipments fell by 2.5%, while export shipments also declined by 2.3%.

The inventory-to-shipments ratio stood at 101.8%, up 4.0percentage points from the previous month. A statistics official said factors such as production-capacity constraints and adjustments to delivery schedules were at play.

The average operating rate in manufacturing was 71.1%, down 2.2percentage points from the previous month.

Services production increased by 1.3%. Information and communications production decreased by 3.0%.

Financial and insurance production rose by 5.9%, while the professional, scientific and technical sector increased by 9.3%.

Consumption increased by 0.1%, but investment decreased by 0.1%. Facility investment also continued to decline.