China December 2024 Industrial Profits +11% y/y ...Middle East

prior -7.3%

Industrial Profits YTD -3.3% (ie in 2024 profits fell 3.3% y/y, worse than the 2.3% decline for the entire 2023)

prior -4.7%

China official PMI data for January 2025: Manufacturing 49.1 (expected 50.1)

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Industrial profit numbers cover firms with annual revenues of at least 20 million yuan ($2.74 million) from their main operations.

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

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