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China’s industrial profits dropped on-year in Nov

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 28, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - The National Bureau of Statistics reported that the total profits of the Chinese industrial enterprises fell 1.4% in Nov from a year earlier, compared with 4.6% for last month, marking a sixth consecutive month of decline, as the pace of falling total profits of industrial enterprises slowed.

    Total profits of industrial enterprises dropped 1.9% on year for the first 11 months, compared with 2% decrease for the last ten months.
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