The invention discloses a ceramic dielectric material matched with a nickel inner electrode and a production method of a capacitor produced by the ceramic dielectric material. The ceramic dielectric material consists of a main crystal phase, a property-modifying additive and a sintered fluxing agent, wherein the main crystal phase is MgZrxSi(1-x)O3, and x is more than or equal to 0.05 and less than or equal to 0.15; the property-modifying additive is one or more of MnO2, Al2O3, CaO, Bi2O3 and TiO2; and the sintered fluxing agent is one or more of B2O3, SiO2, ZnO, Li2O, K2O and BaO. The ceramic dielectric material can meet the COG characteristic in the EIA standard, has good uniformity, uniform particle size distribution, high dispersibility, good molding technique and excellent dielectricproperty and meets the environmental requirement. When the material is used for making a multi-layer chip ceramic capacitor (MLCC), the material and the nickel electrode can be matched and sintered under the reducing atmosphere, the crystal particles of a ceramic body after sintering can grow uniformly and densely, the dielectric layer can be well matched with the inner electrode, and the productperformance is stable.