Industrial Profit y/y reflects the percentage change in the income of China's industrial sector companies less their spending, in the reported month compared to the same month in the previous year. Higher than expected readings can affect the yuan quotes positively.
The chart of the entire available history of the "China Industrial Profit y/y" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
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The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.