From the Wires
The Conference Board Leading Economic Index® (LEI) for Korea Increases
By: PR Newswire
Dec. 13, 2012 08:01 PM
NEW YORK, Dec. 13, 2012 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Korea increased 0.8 percent in October to 120.9 (2004 = 100), following a 1.1 percent increase in September, and a 0.6 percent decline in August.
At the same time, The Conference Board Coincident Economic Index® (CEI) for Korea, a measure of current economic activity, decreased 0.3 percent in October to 117.7 (2004 = 100), following a 0.4 percent increase in September, and a 0.3 percent decrease in August.
The LEI for Korea has increased in the last two months, after declining for five consecutive months, but its six-month change remains in negative territory. Meanwhile, The CEI for Korea declined in October, and its six-month growth rate has slowed compared to earlier this year. Taken together, the composite indexes and their components continue to suggest that the rate of economic growth is likely to remain slow in the near term.
About The Conference Board Leading Economic Index® (LEI) for Korea
The seven components of The Conference Board Leading Economic Index® for Korea include:
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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