China’s industrial profits dip 1.8% YoY in Nov

Published: Dec 27, 2018 09:59

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China’s industrial profits fell 1.8% from a year earlier in Nov, after expanding 3.6% in Oct

SHANGHAI, Dec 27 (SMM) – Growth of profits at China’s industrial firms cooled for the eighth straight month and posted an outright fall in November, marking the first negative result in three years.

China’s industrial profits fell 1.8% from a year earlier in November, after expanding 3.6% in October, the National Bureau of Statistics (NBS) said on Thursday December 27.

In the first 11 months of 2018, industrial profit growth came in at 11.8% on a yearly basis, slower than the 13.6% increase in January-October.

Economic data Industrial profits

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