LOGO
LOGO

Global Economic News

China Leading Index Climbs 1.1% In May - Conference Board

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

A leading index for the Chinese economy spiked in May, the latest survey from the Conference Board showed on Wednesday - rising 1.1 percent.

That follows the upwardly revised 1.4 percent jump in April (originally 1.1 percent) and the 0.2 percent increase in March.

"Growth in the LEI moderated somewhat in May, dragged down by weak manufacturing data, poor export performance, and still-struggling new construction starts," said Conference Board economist Andrew Polk. "The growth rate of the LEI has been very volatile in recent months suggesting the second quarter's economic stabilization will be shallow and short-lived."

The coincident index advanced 0.6 percent following the upwardly revised 0.1 percent gain in April (originally flat) and the 2.9 percent spike in March.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.