China's industrial profit growth decelerates to seven-month low in July

Corporate profitability in China's industrial sector slowed to an 11.2% year-on-year increase in July, marking a notable deceleration after previously posting double-digit gains.

27 Aug, 01:54 — 27 Aug, 01:54

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cnbcMostly Factual5d ago

China industrial profit growth in July slumps to 7-month low of 11.2%

Industrial corporate profitability has seen a notable turnaround, swinging from years of declines since 2021 and barely positive growth last year, to double-digit gains this year.

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China's industrial profit growth decelerates to seven-month low in July

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China industrial profit growth in July slumps to 7-month low of 11.2%

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