The Conference Board Leading Economic Index® (LEI) for Mexico increased 1.7 percent in June to 125.7 (2004 = 100), following a 0.9 percent increase in May and a 1.0 percent increase in April.
At the same time, The Conference Board Coincident Economic Index® (CEI) for Mexico, a measure of current economic activity, increased 0.3 percent in June to 124.6 (2004 = 100), following a 0.5 percent increase in May, and a 0.3 percent increase in April.
The LEI for Mexico increased in June, for the fourth consecutive month. As a result, its six-month growth has turned positive and is largely improved compared to the second half of last year. Meanwhile, the rate of growth in the CEI has continued to pick up through the first half of this year, with very widespread strengths among its components. Taken together, the continued improvement in both the LEI and the CEI growth suggests that the rate of economic expansion will likely pick up in the second half of 2014
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