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.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.