empty
 
 

2019.12.2702:22:00UTC+00China Industrial Profits Recover In November

China's industrial profits expanded after declining in previous three months, data from the National Bureau of Statistics showed Friday.

Industrial profits expanded 5.4 percent year-on-year in November, in contrast to a 9.9 percent decrease in October.

The recovery in industrial profits was driven by significant growth in industrial production and sales, Zhu Hong, NBS senior statistician said. Moreover, the factory gate prices of industrial products declined.

Nonetheless, Zhu noted that volatility in industrial profits remain due to multiple factors such as market demand and industrial product prices.

Data showed that in January to November period, industrial profits decreased 2.1 percent from the same period last year.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback