On June 17, the National Bureau of Statistics released the national economic data for May 2024. In May, the added value of industries above scale increased by 5.6% year-on-year (the growth rate of added value is the real growth rate after deducting price factors). On a month-on-month basis, in May, the value added of industries above designated size increased by 0.30% over the previous month. From January to May, the added value of industries above scale increased by 6.2% year-on-year.
Among them, the cement output in May was 17953 million tons, a year-on-year decrease of 8.2%; the cement output from January to May was 687.27 million tons, a year-on-year decrease of 9.8%.
In addition, the data show that from January to May 2023, the national cement output was 771.41 million tons, from which China Cement Network calculated that the absolute value of this year was 84.14 million tons less than the same period last year, a decrease of 10.91%.
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