10222020Thu
Last updateWed, 21 Oct 2020 4pm
>>

The Conference Board Leading Economic Index® (LEI) for Korea Increases in August 2014

The Conference Board Leading Economic Index® (LEI) for Korea increased 0.1 percent in August to 121.2 (2004 = 100), following a 1.1 percent decline in July, and a 0.2 percent increase in June.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Korea, a measure of current economic activity, increased 0.1 percent in August to 118.5 (2004 = 100), following a 0.5 percent increase in July, and a 0.4 percent increase in June.

The LEI for Korea has been relatively flat since 2011. Its six-month growth rate, while relatively unchanged in recent months, has turned slightly negative. Meanwhile, the CEI for Korea increased marginally for the third month in a row after declining sharply in the previous three months. As a result, its six-month growth rate has fallen into negative territory with widespread weaknesses among its components. Taken together, the composite indexes continue to suggest that economic activity will likely continue to grow in the near term, but at a slow pace.
www.conference-board.org

 

comments

Related articles

  • Latest Post

  • Most Read

  • Twitter

Who's Online

We have 3780 guests and one member online

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.