Leading Economic Indexes for Euro area increased: Conference Board
U.S.-based think tank The Conference Board in March 2018 released its global business cycle indicators for February 2018.
- The Leading Economic Index (LEI) for the Euro Area increased 0.6 percent in February 2018 to 112.3 (2016=100).
- The Coincident Economic Index (CEI) for the Euro Area increased 0.1 percent in February 2018 to 102.9 (2016=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 2018 data release schedule is available here.
For more information about The Conference Board global business cycle indicators, click here.