China’s industrial profits increase 16.7% in May

Dhwani Mehta FXStreet

The National Bureau of Statistics (NBS) reported the latest Chinese industrial profits data for the month of May, noting that the industrial profits climbed 16.7% y/y last month versus +14% y/y seen last.

Industrial profits surged 22.7% in the first five months, according to the bureau.

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.

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