September Data Indicate Pause in Deceleration
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Publication Date:
November 01, 2019
Chinese economic growth appears to be stabilizing, according to The Conference Board Leading Economic Index® (LEI) for China. The LEI rose 1.1 percent month-over-month in September, the third consecutive month at this growth rate. Manufacturing investment continued weakening, but a strong uptick in corporate loans may be an early sign of forthcoming stabilization. Retail sales growth ticked up, and household expenditure growth accelerated in Q3. Export growth continued to weaken.October 2019 - September Data Release
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