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The Conference Board Leading Economic Index® (LEI) for Germany Remains Unchanged
By: PR Newswire
Dec. 19, 2012 04:01 AM
BRUSSELS, Dec. 19, 2012 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Germany was unchanged in October, remaining at 101.6 (2004 = 100), following a 0.6 percent decline in September and a 0.2 percent decline in August.
At the same time, The Conference Board Coincident Economic Index® (CEI) for Germany, a measure of current economic activity, declined 0.4 percent in October to 106.4 (2004 = 100), following a 0.3 percent decline in September, and a 0.1 percent decline in August.
The recent declining trend in the LEI has kept its six-month growth rate in solidly negative territory. Meanwhile, the six-month growth rate for the CEI remains in negative territory. Taken together, the recent declines in both the leading and coincident indexes suggest that the recent slowdown in economic output is likely to continue and economic activity will remain weak in 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
For more information including full press release and technical notes:
For more information about The Conference Board global business cycle indicators:
About The Conference Board
SOURCE The Conference Board
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