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MNI BRIEF: PBOC Survey Upbeat On Economy Outlook

BEIJING (MNI)

The People's Bank of China's Entrepreneur Macroeconomic Heat Index was at 34.4% for Q4 2020, up 6.7 points from the previous quarter and up 2.6 points on year ago levels, the central bank said on its website Tuesday. The Bankers Macroeconomic Heat Index was at 33.6%, up 8.0 points from Q3, with a higher index indicating the economy is picking up

A total 62.6% of surveyed bankers think the current economy is normalizing, increasing from 47.5% in the Q3 survey and those surveyed predict the heat index for Q1 2021 will rise to 40.8%, the PBOC said.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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