{"id":48777,"date":"2021-07-27T12:26:28","date_gmt":"2021-07-27T08:26:28","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=48777"},"modified":"2021-07-27T12:26:29","modified_gmt":"2021-07-27T08:26:29","slug":"chinas-industrial-profits-slow-in-june-as-raw-material-prices-rise","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/chinas-industrial-profits-slow-in-june-as-raw-material-prices-rise\/07\/27\/market-updates\/","title":{"rendered":"China&#8217;s Industrial Profits Slow in June as Raw Material Prices Rise"},"content":{"rendered":"\n<p>Earnings growth for industrial firms in China slowed for the fourth consecutive month, as higher raw material prices squeezed factory margins, suggesting some weakness in the world&#8217;s second-largest economy&#8217;s recovery.<\/p>\n\n\n\n<p>Profits of industrial companies rose 20% year on year in June to 791.8 billion yuan, or about $122.27 billion, according to data from the National Bureau of Statistics, compared with a 36.4 percent increase in May.<\/p>\n\n\n\n<p>In the first half of the year, industrial companies&#8217; profits grew 66.9%, compared with a sharp decline due to the pandemic a year ago.<\/p>\n\n\n\n<p>Profits increased 45.5% in the period from January to June compared to the same period in 2019, before the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Earnings growth for industrial firms in China slowed for the fourth consecutive month, as higher raw material prices squeezed factory margins, suggesting some weakness in the world&#8217;s second-largest economy&#8217;s recovery. Profits of industrial companies rose 20% year on year in June to 791.8 billion yuan, or about $122.27 billion, according to data from the National &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31476,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6832],"class_list":["post-48777","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-china"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=48777"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48777\/revisions"}],"predecessor-version":[{"id":48778,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48777\/revisions\/48778"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31476"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=48777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=48777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=48777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}