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

Aug 14, 2015, 10:48 ET from The Conference Board

NEW YORK, Aug. 14, 2015 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Germany increased 0.1 percent in June to 109.6 (2010 = 100), following a 0.2 percent decline in May, and a 0.1 percent increase in April.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Germany, a measure of current economic activity, declined 0.3 percent June to 105.4 (2010 = 100), following no change in May, and a 0.3 percent increase in April.

The LEI increased slightly in June, after a small decline in May. Though the strengths among its components remain very widespread, its six month growth rate has fallen somewhat in recent months. Meanwhile, the CEI declined in June, and its six month growth rate has slowed recently. Taken together, the recent behavior of the composite indexes suggests that the expansion in the economy should continue 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

 

Summary Table of Composite Indexes




2015




6-month


Apr


May


Jun


Dec to Jun










Leading Economic Index (LEI)

109.7

p

109.5

p

109.6

p



  Percent Change

0.1

p

-0.2

p

0.1

p

2.1

p

  Diffusion

78.6


57.1


57.1


100.0











Coincident Economic Index (CEI)

105.7

r

105.7

r

105.4




  Percent Change

0.3


0.0


-0.3


0.2


  Diffusion

87.5


62.5


37.5


50.0











n.a.  Not available     p  Preliminary     r  Revised






Indexes equal 100 in 2010









Source:  The Conference Board               All Rights Reserved













 

 

SOURCE The Conference Board



RELATED LINKS

http://www.conference-board.org