PR Newswire: news distribution, targeting and monitoring
2014

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

Share with Twitter Share with LinkedIn

BRUSSELS, March 22, 2013 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Germany increased 0.3 percent in January to 103.2 (2004 = 100), following a 0.5 percent increase in December, and a 0.3 percent decline in November.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Germany, a measure of current economic activity, increased 0.4 percent in January to 107.1 (2004 = 100), following a 0.2 percent decline in December, and a 0.1 percent increase in November.

The LEI for Germany increased for the second consecutive month, after having mostly declined between February and November 2012. As a result, the decline in its six-month growth rate continues to slow. Meanwhile, the CEI for Germany improved in January, after being on a down trend since July. Taken together, the recent behavior of the composite indexes suggests that the German economy is likely to remain weak 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

Follow The Conference Board
Twitter | Facebook | LinkedIn

 

Summary Table of Composite Indexes


2012

2013

6-month


Nov

Dec

Jan

Jul to Jan










Leading Economic Index (LEI)

102.4

r

102.9

p

103.2

p



   Percent Change

-0.3

r

0.5

p

0.3

p

-0.2

p

   Diffusion

57.1


71.4


71.4


57.1











Coincident Economic Index (CEI)

106.9

r

106.7

r

107.1




   Percent Change

0.1

r

-0.2

r

0.4


-0.3


   Diffusion

50.0


50.0


87.5


50.0











n.a. Not available    p Preliminary    r Revised

Indexes equal 100 in 2004

Source: The Conference Board      All Rights Reserved

 

 

SOURCE The Conference Board



RELATED LINKS
http://www.conference-board.org

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 
Area to test

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release