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China's November industrial profit growth slowest since April on weaker price gains

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Published Wed, Dec 27, 2017 · 09:50 PM

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    Beijing

    PROFITS for China's industrial firms rose at a sharply slower pace in November, as demand and producer price gains eased in further confirmation of ebbing growth in the world's second-largest economy.

    Profits in November rose 14.9 per cent to 785.8 billion yuan (S$160.6 billion), the National Bureau of Statistics (NBS) said on its website on Wednesday. It marked the the slowest monthly growth rate since April's 14.0 per cent.

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