China's industrial profits fell 1.9% in December from a year earlier.

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Previous data showed that China's total profits of Industrial Enterprises above the scale fell by 1.8% in November compared with the same period last year, the first negative year-on-year growth since December 2015. From January to November, the total profits of Industrial Enterprises above the national scale increased by 11.8% year-on-year, slowing down by 1.8 percentage points compared with January to October.
The following is a summary of the year-on-year growth rate of profits of Industrial Enterprises above the national scale: (%)
Cumulative growth (%) monthly growth (%)
October, March, December and January, 2018
January-November 11.8-November 1.8
January-October 13.6 October 3.6
January-September 14.7 September 4.1


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