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China August Industrial Profits -11.7% YTD y/y (prior -15.5%)

China August Industrial Profits -11.7% YTD y/y (prior -15.5%)

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By Eamonn Sheridan
27/09/2023 | 01:31 GMT

China August Industrial Profits -11.7% YTD y/y (prior -15.5%)

  • State-owned enterprises earnings -16.5% YTD y/y
  • Private-sector companies -4.6%

For the August month alone IP +17.2% y/y, a more encouraging result.

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