China’s CB Leading Index rises to 1.1% in May versus 1.4% increase in April

FXStreet (Mumbai) – The Conference Board Leading Economic Index (LEI) for China increased 1.1% in May to 326.2, following a 1.4% increase in April and a 0.2% increase in March.

The consumer expectations index, total loans issued by financial institutions, total floor space started, the PMI new export orders index, and the 5000 industry enterprises diffusion index: raw materials supply index made positive contributions to the index, while the (inverted) PMI supplier delivery index was the only negative contributor in May.

The Conference Board Leading Economic Index (LEI) for China increased 1.1% in May to 326.2, following a 1.4% increase in April and a 0.2% increase in March.

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