From the Wires
The Conference Board Leading Economic Index® (LEI) for Germany Remains Unchanged
By: PR Newswire
Jan. 24, 2013 04:01 AM
BRUSSELS, Jan. 24, 2013 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Germany was unchanged in November at 103.1 (2004 = 100), following a 0.5 percent increase in October, and a 0.6 percent decline in September.
At the same time, The Conference Board Coincident Economic Index® (CEI) for Germany, a measure of current economic activity, was unchanged in November at 106.7 (2004 = 100), following a 0.3 percent decline in October, and a 0.3 percent decline in September.
The LEI has improved slightly over the last two months, but its six month growth rate is still in negative territory. Meanwhile, the six-month growth rate for the CEI remains in negative territory with most of the coincident indicators declining over the past six months. Taken together, the behavior of both the leading and coincident indexes suggests that economic activity is unlikely to strengthen over the near term.
About The Conference Board Leading Economic Index® (LEI) for Germany
The seven components of The Conference Board Leading Economic Index® for Germany include:
New Orders, Investment Goods
About The Conference Board
For more information including full press release and technical notes:
For more information about The Conference Board global business cycle indicators:
SOURCE The Conference Board
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