China Jan-Feb industrial profits jump 31.5% y/y

China’s National Bureau of Statistics (NBS) published the latest industrial profits data for Jan-Feb, via Reuters.
Key Details:
China's industrial profits rose a combined 31.5% in January and February from the same period a year earlier
A statistics bureau official noted, “The profit increase was mostly due to faster growth in prices of coal, steel and crude oil, He Ping.”
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















