On June 16, the National Bureau of Statistics released relevant data on the national economy in May.
In May, the added value of industries above scale increased by 5.8% 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 0.61% over the previous month. From January to May, the added value of industries above scale increased by 6.3% year-on-year.
The cement output in May was 165 million tons, with a year-on-year decrease of 8.1%; the cement output from January to May was 659.39 million tons, with a year-on-year decrease of 4%.
In addition, the data show that the national cement output from January to May 2024 is 687.27 million tons, so the total cement output from January to May this year is 27.88 million tons less than same period last year, a decrease of 4.06%.
Note:
Full-caliber output on a year-on-year basis refers to the year-on-year change between the total output of all enterprises participating in the statistics (no matter whether these enterprises have been counted in the previous year or not) and the total output of all enterprises participating in the statistics in the previous year. Year-on-year output of the
same caliber: only consider the output changes of those enterprises that have been counted continuously in the statistical period (that is, the enterprises that have participated in the statistics in both the previous year and the current statistical period).