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The Conference Board Leading Economic Index®(LEI) for China increased 1.0 percent in June to 158.9 (2004 = 100), following a 0.6 percent increase in May and a 0.3 percent increase in April. Five of the six components contributed positively to the index in June.

The Conference Board Leading Economic Index®(LEI) for Korea declined 0.4 percent and The Conference Board Coincident Economic Index®(CEI) for Korea increased 0.1 percent in June.

In July, the total value added of the industrial enterprises above designated size was up 14.0 percent year-on-year, or 1.1 percentage points lower than that in June. From January to July, the total value added of the industrial enterprises above designated size surged 14.3 percent, maintained same level as in the first half year. In terms of month-on-month increase, the growth rate of the total value added of the industrial enterprises above designated size was 0.9 percent in July.

In the first seven months of this year, the investment in fixed assets (excluding rural households) reached 15,242 billion yuan, up by 25.4 percent year-on-year, or 0.2 percentage point lower than that in the first six months of this year. Of this total, that in the state-owned and state holding enterprises reached 5,275.2 billion yuan, a rise of 13.6 percent; In view of month-on month, the investment in fixed assets (excluding rural households) rose 0.27 percent.

In July 2011, the total retail sales of consumer goods attained 1440.8 billion yuan, up 17.2 percent, year-on-year. Of the total, the retail sales of consumer goods of industrial enterprises above designated size was 669 billion yuan, increased 23.3 percent. From January to July, the total retail sales of consumer goods amounted to 10024.1 billion yuan, up 16.8 percent, year-on-year. Month-on-month increase of the total retail sales of consumer goods in July was 1.26 percent.

The Conference Board Leading Economic Index ®(LEI) for Japan increased 0.1 percent and The Conference Board Coincident Economic Index (CEI) increased 0.7 percent in June.

In July 2011, Producer Price Index (PPI) for manufactured goods remained the same level over last month, and increased 7.5% year-on-year. The purchasing price index for manufactured goods rose 0.1% over last month, and soared 11% year-on-year.

In July, the consumer price index went up by 6.5 percent year-on-year. The prices grew by 6.2 percent in cities and 7.1 percent in rural areas. The food prices went up by 14.8 percent while the non-food prices increased by 2.9 percent. The prices of consumer goods went up by 7.6 percent and the prices of services grew by 3.7 percent. In July, the month-on-month change of consumer prices was up by 0.5 percent. Of which, prices in cities went up by 1.2 percent and that in rural areas rose by 0.5 percent. The food prices grew by 1.2 percent while the non-food prices surged 0.1 percent. The prices of consumer goods rose by 0.5 percent, and the prices of services went up by 0.4 percent.

Emerging Asia’s capital markets have shown great resilience over the past year, but the recent sharp sell-offs in response to economic uncertainty in the US and eurozone underscore the need for stronger policies to boost investor confidence and reduce excessive volatility, says a new report from the Asian Development Bank (ADB).

After a strong rebound in 2010, economic growth in emerging East Asia will moderate this year and in 2012 as authorities continue to battle inflation and as advanced economies try to shore up an anemic recovery, says the July edition of the Asian Development Bank’s (ADB) Asia Economic Monitor (AEM).