The Conference Board Leading Economic Index® (LEI) for Germany Increases - WTOC-TV: Savannah, Beaufort, SC, News, Weather & Sports

The Conference Board Leading Economic Index® (LEI) for Germany Increases

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SOURCE The Conference Board

BRUSSELS, June 20, 2014 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Germany increased 0.2 percent in April to 110.1 (2004 = 100), following no change in March and a 0.5 percent increase in February.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Germany, a measure of current economic activity, was unchanged in April at 108.5 (2004 = 100), following a 0.1 percent increase in March, and a 0.2 percent increase in February.

The LEI for Germany has been on an upward trend since the end of 2012, and as a result its six-month growth rate continues improving.  Meanwhile, despite month-to-month volatility, the CEI has been advancing over the past year and its six-month growth has moderately improved. Taken together, the recent behavior of the composite indexes suggests that economic activity is likely to continue to expand in the near term. 

About The Conference Board Leading Economic Index® (LEI) for Germany
The composite economic indexes are the key elements in an analytic system designed to signal peaks and troughs in the business cycle. The leading and coincident economic indexes are essentially composite averages of several individual leading or coincident indicators. They are constructed to summarize and reveal common turning point patterns in economic data in a clearer and more convincing manner than any individual component – primarily because they smooth out some of the volatility of individual components.

The seven components of The Conference Board Leading Economic Index® for Germany include:

New Orders, Investment Goods
Yield Spread cumulated, 10 year minus 3 month
Change in Inventories
Gross Enterprise and Property Income
Stock Prices
New Orders, Residential Construction
Consumer Confidence Index

About The Conference Board
The Conference Board is a global, independent business membership and research association working in the public interest. Our mission is unique: To provide the world's leading organizations with the practical knowledge they need to improve their performance and better serve society. The Conference Board is a non-advocacy, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States.

For more information including full press release and technical notes:
http://www.conference-board.org/data/bcicountry.cfm?cid=4

For more information about The Conference Board global business cycle indicators:
http://www.conference-board.org/data/bci.cfm

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Summary Table of Composite Indexes


2014


6-month


Feb


Mar


Apr


Oct to Apr










Leading Economic Index (LEI)

109.9

r

109.9

p

110.1

p



     Percent Change

0.5

r

0.0

p

0.2

p

2.4

p

     Diffusion

71.4


57.1


85.7


100.0











Coincident Economic Index (CEI)

108.4


108.5


108.5




     Percent Change

0.2

r

0.1


0.0


0.9


     Diffusion

100.0


75.0


75.0


100.0











n.a. Not available      p Preliminary      r Revised

Indexes equal 100 in 2004

Source: The Conference Board           All Rights Reserved

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