China Industrial Profits Moderated for Third Month in December
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Profit growth at Chinese industrial firms moderated for a third month, after factory inflation decelerated to the weakest pace in more than a year.
Industrial profits rose 10.8 percent last month from a year earlier, compared with 14.9 percent in November, the statistics bureau said on Friday. That’s the slowest pace of increase in a year. The producer price index fell for a second month in December.