Henan - Growth Rate of Industrial Value Added

7.4 (% change from the corresponding period last year) in April 2024

In April 2024, industrial value added growth for Henan was 7.4 % change from the corresponding period last year. Industrial value added growth of Henan increased from -0.3 % change from the corresponding period last year in April 2023 to 7.4 % change from the corresponding period last year in April 2024 growing at an average annual rate of 110.80%.

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What is industrial value added growth?

Value-added of Industry refers to the final results of industrial production of the industrial enterprises in money terms during the reference period. Industrial added value can be calculated by two approaches: the production appproach, i.e. gross industrial output value minus intermediate input plus value-added tax, and the income approach, i.e. income for various factors used in the course of production, including depreciation of fixed assets, remuneration of labourers, net of production tax, and operating surplus. Industrial added value increased industrial added value refers to the relative degree of this month the same month last year the number and extent of changes in trends at constant prices.

What is Henan industrial value added growth?