China Industrial Profits for August +10.1% y/y (prior +16.4% y/y)

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China data Industrial Profits for August+10.1 % y/y For the YTD +49.5 % y/y Rising input costs are negatively impacting profits in China. Surging commodity prices and now power shortages to contend with. Meanwhile the semiconductor shortage is showing few signs of getting any better.  Source link
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