Profits of Chinese industrial plants rose 14.4% year-over-year in September, the fastest pace in three months. In August, growth was only 4.2%. ⨯ [Bloomberg] Growth was made possible by a 5% rise in producer prices, the fastest pace since 2022. Key factors include rising energy prices, artificial intelligence equipment and raw materials Bloomberg.

Profits of Chinese industrial plants rose 14.4% year-over-year in September, the fastest pace in three months. In August, growth was only 4.2%. ⨯ [Bloomberg] Growth was made possible by a 5% rise in producer prices, the fastest pace since 2022. Key factors include rising energy prices, artificial intelligence equipment and raw materials Bloomberg.