China's leading indicator of economic activity increased 1.1 percent on month in May to 235.1, the Conference Board said Tuesday.
This followed a 0.9 percent increase in April and a 0.8 percent increase in March. The uptick was driven by the rebound in bank loans and real estate activity, said Andrew Polk, Conference Board's resident economist in Beijing.
The coincident economic index, which measures current economic activity, increased 0.8 percent to 219.2. This followed a 0.6 percent decline in April and a 0.6 percent increase in March.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.