China’s LEI drops again, CEI shows modest gain in February: TCB
China's LEI fell 0.3 per cent in February, continuing a nearly 3-year decline, with weak consumer confidence a key drag. The index dropped 1.6 per cent over six months, suggesting near-term downside risks. Meanwhile, the CEI edged up 0.1 per cent, showing modest current activity. The Conference Board projects 2025 GDP growth to slow to 4.7 per cent.
China's LEI fell 0.3 per cent in February, continuing a nearly 3-year decline, with weak consumer confidence a key drag.
The index dropped 1.6 per cent over six months, suggesting near-term downside risks.
Meanwhile, the CEI edged up 0.1 per cent, showing modest current activity.
The Conference Board projects 2025 GDP growth to slow to 4.7 per cent.
