Conference Board China October leading Index +0.6% m/m

Conference Board Leading Economic Index for China, October leading Index

Leading Economic Index +0.6% in October (+1.6% in September & +0.9% increase in August)

• Total loans issued by financial institutions made the largest positive contribution to the index followed by the 5000 industry enterprises diffusion index: raw materials supply index, the (inverted) PMI supplier delivery index, and the consumer expectations index.
• Total floor space started and the PMI new export orders index declined in October.

Coincident Economic Index (which measures current economic activity), +2.0% in October (-1.5% in September and +0.7% in August)

• Retail sales of consumer goods, volume of passenger traffic, manufacturing employment, and value-added industrial production increased.
• Electricity production declined in October.