The Conference Board Leading Economic Index(R) (LEI) for Korea Increased

PR Newswire

NEW YORK, Feb. 12, 2016

NEW YORK, Feb. 12, 2016 /PRNewswire/ -- The Conference Board Leading Economic Index(R) (LEI) for Korea increased 0.3 percent in December to 110.0 (2010=100).

At the same time, The Conference Board Coincident Economic Index(R) (CEI) for Korea, a measure of current economic activity, increased 0.8 percent in December to 109.6 (2010=100).

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 updated data tables can be found here.

The 2016 data release schedule is available here.

For more information about The Conference Board global business cycle indicators, click here.

About The Conference Board

The Conference Board is an 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. www.conference-board.org.

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SOURCE The Conference Board

/Web site: http://www.conference-board.org

(END) Dow Jones Newswires

February 12, 2016 10:45 ET (15:45 GMT)