China Industrial profits for the January - October 2023 period -7.8% y/y
- prior -9.0%
For October alone +2.7% y/y
- prior +11.9%
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Industry is inching back after the pandemic, but this is another indication that the recovery is slow going.
China Industrial profits for October YTD -7.8% (prior -9.0%)
- China's Industrial profits for October show the contraction in earnings abating slightly
