China's leading economic index falls 0.2% in Mar: The Conference Board

Source:China Sport ShowRelease time:29-Apr-2024Clicks:

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The Conference Board leading economic index (LEI) for China fell by 0.2 per cent in March this year to 151.5, following a downwardly revised 0.3 per cent decrease in February.

As a result, the LEI declined by 1.3 per cent during the six-month period ending March 2024, a smaller decrease than the contraction of 2.1 per cent over the previous six-month period.

The US think tank’s coincident economic index (CEI) for the country also dropped significantly by 1.7 per cent in March to 146.4, more than reversing a 0.7 per cent increase in February.

The CEI grew by 1.6 per cent between September 2023 and March 2024, a faster pace than the 0.4 per cent growth rate over the previous six months period.

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