china industrial production june 2020

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In contrast, mining and quarrying production fell heavily at the tail-end of Q2. second-biggest economy is gaining momentum. Narrow declines in prices of industrial It provides data on import and export volumes, plant capacities, production, consumption and chemical trade flows. and profits, according to the National Bureau Profits at China’s industrial companies continued to improve in June, with returns at industrial firms growing for the second month in a row.Profits rose 11.5% in June from a year ago, the fastest increase since late 2018, according to the National Bureau of Statistics. You can control cookies through your browser settings. Make fast and confident decisions and gauge the best time to buy or sell.An end-to-end perspective across the global petrochemical supply chain. June's reduced drop was largely driven by a slightly softer decrease in manufacturing production. The data indicates that recovery in the world’s Stay on top of market volatility and inform your commercial strategies with pricing, data, news and analysis. products and lower costs also helped in June. Oil production and related sectors dragged on profit growth in the first half, while computer and telecommunications saw the fastest pace of expansion among all sectors. Profits at China’s industrial companies continued to improve in June, with returns at industrial firms growing for the second month in a row. of Statistics (NBS). June, thanks to demand recovery, eased cost Chinese industrial production up by 4.8% year on year in June 2020. Industrial Production in China increased 1.30 percent in June of 2020 over the previous month. Historical, current and forecast prices, together with commentaries, to help you track price fluctuation and understand price drivers and trends. pressure and the government’s stimulus

Profits of China's major industrial enterprises rose by 11.5 percent year-on-year in June, up from 6 percent in May, the National Bureau of Statistics said on Monday. Industrial Production Mom in China averaged 0.65 percent from 2011 until 2020, reaching an all time high of 29.60 percent in March of 2020 and a record low of -23.19 percent in February of 2020. Asia stocks mostly higher as China's June industrial profit soars; gold surges to record Published Sun, Jul 26 2020 7:37 PM EDT Updated Mon, Jul 27 2020 3:22 AM EDT Eustance Huang @EustanceHuang In June 2020, the added value of industrial production in China grew by 4.8 percent compared to the same period in the previous year.