China official leading indicator rose in September
31 October, 2012, 17:01. Posted by Zarathustra
China National Bureau of Statistics’ own leading indicator improved further from the post-crisis low in June.
Read more about China official leading indicator
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.
Source: Bloomberg
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About Zarathustra
Zarathustra: Founder and Managing Editor of Also sprach Analyst. Once an analyst, now an investor and entrepreneur. Based in Hong Kong, but Londoner at heart.