China

Industrial Profits climbed to -3.3 in January 2025

Industrial Profits climbed to -3.3 in January 2025, up 1.4 from December's -4.7 reading. The print exceeded the -5 consensus by 1.7. The print is running well below the 12-month average of 0.88. Over the past 3 months, Industrial Profits averaged -4.5, vs 0.2 in the prior 3-month window. The reading is in the 63rd percentile of the trailing 24-month range.