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The Conference Board Leading Economic Index® (LEI) for Korea Declines

The Conference Board Leading Economic Index® (LEI) for Korea declined 1.0 percent in January to 121.2 (2004 = 100), following a 0.4 percent decrease in December, and a 0.2 percent increase in November.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Korea, a measure of current economic activity, increased 0.8 percent in January to 118.2 (2004 = 100), following a 0.1 percent decrease in December, and a 0.3 percent increase in November.

The LEI for Korea has declined in the last two months, after improving for four consecutive months, but its six-month change remains in positive territory. Meanwhile, The CEI for Korea has been generally improving, and its six-month growth rate has accelerated. Taken together, the composite indexes and their components continue to suggest that the current rate of economic expansion is likely to continue in the near term.

www.conference-board.org

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