The index registered at -0.22 in May against April's reading which was downwardly revised to -0.30 from -0.10.
Out of the four categories on which the index is based, three - employment, housing and sales - improved in May from the previous month.
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- Reserve management practices are splintering
- Female regulators increase stability of the financial system, IMF paper finds
- Booming US economy set against ‘fragile’ markets – BIS review
- BIS paper defends credit gap measure