China business sentiment improves in May: MNI

PUBLISHED : Friday, 31 May, 2013, 9:49am
UPDATED : Friday, 31 May, 2013, 9:49am

The pace of improvement in overall Chinese business conditions increased on a seasonally adjusted basis in May but weakened in unadjusted terms, according to the latest MNI China Business Sentiment Indicator.

The overall conditions index rose to 55.2, from 53.8 seasonally adjusted, but fell to 56.7, from 58.5 in April unadjusted. The unadjusted result was down from the 57.1 in the flash May result a week ago.