The Conference Board Leading Economic Index® (LEI) for Germany increased 0.7 percent in December to 107.2 (2010 = 100), following a 0.7 percent increase in November, and a 0.1 percent decline in October.
At the same time, The Conference Board Coincident Economic Index® (CEI) for Germany, a measure of current economic activity, increased 0.1 percent in December to 105.0 (2010 = 100), following a 0.2 percent increase in November, and a 0.3 percent increase in October.
The LEI advanced considerably over the past two months, and as a result its six-month growth rate has become less negative. Meanwhile, the CEI has been modestly improving throughout most of 2014 and the strengths among its components have become more widespread. Taken together, the behavior of the composite indexes suggests that the economy should continue to expand at a moderate pace in the near-term.
