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China April industrial profits +3.5% YTD (prior 8.5%)

China April industrial profits +3.5% YTD (prior 8.5%)

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Eamonn Sheridan
27/05/2022 | 01:31 GMT

April industrial profits -8.5% y/y

  • prior +12.2%

January - April industrial profits +3.5% y/y.

  • Prior was +8.5%.

COVID restrictions a heavy weight. The May figures might be a little better. April was awful.

more to come

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