Global Economic News

China Leading Index Rises 1.0% In June - Conference Board

A leading economic index for the Chinese economy was up 1.0 percent in June, the Conference Board said on Wednesday.

That follows the 1.1 percent increase in May and the 1.5 percent spike in April.

Among the positive components of the survey were total loans issued by financial institutions, raw materials, consumer expectations and total floor space. The index for export orders was unchanged.

The coincident index added 0.4 percent after gaining 0.5 percent in May and falling 0.7 percent in April.

by RTTNews Staff Writer

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