XSI® Far East
The XSI® for Far East exports fell by 1.7% in December
The XSI® for Far East exports fell by 1.7% in December to 146.3 points. Despite the small month-on-month drop in December, this is the sub-index that has fallen the most over the course of 2023, down from 558.0 points (-73.8%) from the end of last year.
As with all but one of the XSI® sub-indices, despite posting a multi-year low, the Far East exports reading for December 2023 remains considerably above the levels recorded between 2017, to 2019, before the pandemic affects.
The odd one out is the XSI® for Far East imports, which has fallen to 104.3 points in December, down 0.6% from November 2023, and lower than the levels seen at the end of 2017 and 2018.
