China's industrial profit growth slows amid high raw material prices


BEIJING, June 27 (Reuters): Profit growth at China's industrial firms slowed again in May as surging raw material prices squeezed margins and weighed on factory activity.

Profits at China's industrial firms rose 36.4% in May from a year earlier to 829.92 billion yuan ($128.58 billion) official data showed on Sunday.

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China , Industrial Profit , Slow Down , HIgh , Prices , Raw , Material

   

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