China’s economic indicators weaken in January: TCB
China’s Leading Economic Index (LEI) fell 0.2 per cent in January 2025, extending its three-year decline, while the Coincident Economic Index (CEI) dropped 1.6 per cent. Consumer confidence remained weak, with only medium- and long-term loans contributing positively. The Conference Board warns of economic headwinds, forecasting GDP growth to slow to 4.5 per cent in 2025 from 5.0 per cent in 2024.
China’s Leading Economic Index (LEI) fell 0.2 per cent in January 2025, extending its three-year decline, while the Coincident Economic Index (CEI) dropped 1.6 per cent.
Consumer confidence remained weak, with only medium- and long-term loans contributing positively.
The Conference Board warns of economic headwinds, forecasting GDP growth to slow to 4.5 per cent in 2025 from 5.0 per cent in 2024.
