China’s industrial profits January – May 2025: -1.1% y/y (prior +1.4% y/y)

China’s industrial profits had been trending higher, not so in May though. National Bureau of Statistics (NBS) with the data:

YTD (ie January – May) down 1.1%

• prior +1.4%

For May alone, -9.1% y/y

• prior +3.0%

more to come

This article was written by Eamonn Sheridan at www.forexlive.com.