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NBS: China’s Jan-May excavator output up 37% on year

ABSTRACT

China’s excavator production totalled 235,183 units over January-May, or up 37.1% on year, lower than the 53% on-year growth for January-April, mainly as the output for May had been down on year for the second month, though in general, demand has been staying firm, Mysteel Global noted from the data released by the country’s National Bureau of Statistics (NBS) on June 22.
For May alone, China’s excavator output totalled 36,102 units, down 18.8% on year or 16.8% lower on month, against the mere 2.9% on-year fall in April, as output surged around April 2020 with the restart of domestic economy and industrial activities in March 2020. Besides, excavator sales among the 26 domestic

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