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China's leading economic index declines in May 2024: TCB
Jul 02, 2024
Insights
- In May 2024, China's LEI declined by 0.5 per cent to 150, following a 0.3 per cent drop in April, marking a 1.7 per cent fall over six months, according to The Conference Board.
- Conversely, the CEI rose by 1.2 per cent to 146.7, after a 1 per cent decline in April.
- The CEI's six-month growth slowed to 1 per cent, down from 4.4 per cent in the prior period.