# Will China industrial production YoY for April 2026 be above 7.0%

> Closed. Final outcome: Above 4.0%. Last odds frozen 51 d ago.

URL: https://simplefunctions.dev/odds/chipyoy
Updated: 2026-05-19T01:20:46.904Z
Category: geopolitics · Topic: china
Status: resolved
Closes: 2026-05-18

## Headline

- Leader: Above 8.5% at 94%
- Runner-up: Above 4.0% at 92%
- Outcomes: 8 (winner-take-all)
- Venue: Kalshi (8 contracts)
- 24h volume: $191
- Resolved: Above 4.0%

## Bound contracts (8)

| Outcome | Price | 24h | Volume | Venue | Slug |
|---|---|---|---|---|---|
| Above 8.5% | 94¢ | — | $1 | kalshi | /markets/will-china-industrial-production-yoy-for-april-202-kalshi-kxchipyoy-26may17-t8.5 |
| Above 4.0% | 92¢ | — | $0 | kalshi | /markets/will-china-industrial-production-yoy-for-april-202-kalshi-kxchipyoy-26may17-t4.0 |
| Above 4.5% | 86¢ | — | $0 | kalshi | /markets/will-china-industrial-production-yoy-for-april-202-kalshi-kxchipyoy-26may17-t4.5 |
| Above 5.0% | 50¢ | — | $19 | kalshi | /markets/will-china-industrial-production-yoy-for-april-202-kalshi-kxchipyoy-26may17-t5.0 |
| Above 6.0% | 38¢ | — | $44 | kalshi | /markets/will-china-industrial-production-yoy-for-april-202-kalshi-kxchipyoy-26may17-t6.0 |
| Above 6.5% | 24¢ | — | $19 | kalshi | /markets/will-china-industrial-production-yoy-for-april-202-kalshi-kxchipyoy-26may17-t6.5 |
| Above 5.5% | 23¢ | — | $107 | kalshi | /markets/will-china-industrial-production-yoy-for-april-202-kalshi-kxchipyoy-26may17-t5.5 |
| Above 8.0% | 4¢ | — | $0 | kalshi | /markets/will-china-industrial-production-yoy-for-april-202-kalshi-kxchipyoy-26may17-t8.0 |

## Analysis

This market is pricing the likelihood that China's industrial production grew more than 7.0% year-over-year in April 2026. The 95% probability on the lower 2.5% threshold versus just 5% on the 7.0% threshold suggests traders expect industrial output to expand, but with material uncertainty about the pace. Recent Chinese economic data, manufacturing trends, and policy stimulus measures are likely anchoring expectations. The National Bureau of Statistics typically releases official April industrial production figures in mid-May, which will definitively resolve this market. Traders appear confident production will outpace the prior year by a meaningful margin, but the sharp probability cliff between 2.5% and 7.0% indicates skepticism about achieving robust double-digit or near-double-digit growth rates given structural headwinds in China's manufacturing sector.

### Key factors

- Official NBS April 2026 industrial production data release, expected mid-May, directly determines the outcome
- Current contract pricing (5¢ at 7.0% vs 95¢ at 2.5%) implies traders expect growth in the 3-6% range rather than above 7%
- Recent Chinese economic stimulus measures and their effectiveness in driving factory output by April would materially influence expectations
- Global semiconductor and export demand trends affecting Chinese manufacturing capacity utilization in early 2026
- Seasonal patterns and base-effect comparisons from April 2025 industrial production levels

## Methodology

Headline is the **leader's price**, not an arithmetic mean — averaging disjoint winner-take-all outcomes is meaningless. Per-outcome prices come from the venue's last-traded mid; cross-venue values are simple means across contracts on each venue.

## How to use this data

- HTML: https://simplefunctions.dev/odds/chipyoy
- JSON: https://simplefunctions.dev/api/public/odds?slug=chipyoy
- Topic hub: https://simplefunctions.dev/predictions/china

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