China official leading indicator rose in September31 October, 2012, 17:01. Posted by Zarathustra
China National Bureau of Statistics’ own leading indicator improved further from the post-crisis low in June.
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Leading index rose to 100.49 in September, while previous month’s figure has been revised from 99.63 to 99.81. The improvement in the leading index suggests that there is a good probability that economic activities will pick up in the final quarter. The improvement in economic activities in the final quarter of the year will be consistent with market expectation.