Chart of the Day: Power Consumption Hits Record High in August

China’s overall power consumption (link in Chinese) saw a year-on-year increase of 8.8% in August, reaching a record high of 652.1 billion kilowatt-hours (kWh), data from the National Energy Administration (NEA) showed.

Over the first eight months of 2018, China’s total power consumption surged 9% from the same period last year, according to the China Electricity Council.

China’s industrial power consumption, a gauge of the country’s economic activity, also climbed 8.8% in August from a year earlier, reaching 410.6 billion kWh, according to data from NEA.

China’s power generation climbed 7.8% to 640.5 billion kWh in August from a year earlier, hitting a new high, data from the National Bureau of Statistics showed.

Contact reporter Charlotte Yang (yutingyang@caixin.com)