Fathom’s CMI 2.0 slows to 4.8% in May

Fathom Consulting // Insights // Fathom’s CMI 2.0 slows to 4.8% in May

Officially, China’s economic growth fell to 6.2% in Q2 – a record low for this quarterly measure, first published in the early 1990s. Nevertheless, we believe true growth has been weaker than that. Our own measure of China’s economic activity — the CMI — slipped for the third consecutive month to 4.8% in May…