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CEIC Leading Indicator for the US drops sharply in May
The US fell to its lowest level since August 2020, decreasing by 7.5 points m/m to 93.3
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India’s real GDP moderates to 4.1% y/y in Q1 2022 (Q4 FY2022)
This brings India’s total GDP growth for FY2022 to 8.7% y/y, 0.2pp below the government’s estimate of 8.9% y/y
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India’s 10-year benchmark bond yield climbs to 7.18% p.a in April 2022
The yield for the longer-term bonds is slated to rise even further as inflation continues to harden
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India’s wholesale price index rises by a record high of 15.1% y/y in April
The wholesale price index for fuel and power also continued to rise, accelerating to 38.7% y/y
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CEIC Leading Indicator for Russia drops again in April
The CEIC Leading Indicator for Russia fell to 94.1 from 95.1 in March, the lowest since August 2020
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China industrial value added down by 2.9% y/y in April 2022
The manufacturing sector as a whole plunged by 4.6% y/y