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

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Jun 11, 2015, 09:00 ET

NEW YORK, June 11, 2015 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Korea increased 0.6 percent in April to 111.0 (2010 = 100), following a 2.0 percent increase in March, and a 0.6 percent decline in February.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Korea, a measure of current economic activity, declined 0.1 percent in April to 107.8 (2010 = 100), following a 0.1 percent increase in March, and a 0.1 percent increase in February.

The LEI for Korea increased moderately in April, and its six-month growth rate has improved compared to six months ago. Meanwhile, the CEI for Korea decreased slightly, but its six-month change is also significantly higher than six months ago. Taken together, the behavior of both indexes suggests that the current pace of economic expansion is likely to continue in the near term.

About The Conference Board Leading Economic Index^®(LEI) for Korea
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 Korea include:

Stock Prices
Value of Machinery Orders
Letter of Credit Arrivals
Index of Inventories to Shipments
Export FOB
Yield of Government Public Bonds
Private Construction Orders

For more information including full press release and technical notes:
http://www.conference-board.org/data/bcicountry.cfm?cid=6

For more information about The Conference Board global business cycle indicators:
http://www.conference-board.org/data/bci.cfm

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.


Summary Table of Composite Economic Indexes
	2015						6-month
	Feb		Mar		Apr		Oct to Apr

Leading Economic Index (LEI)	108.1		110.3	r	111.0
Percent Change	-0.6	r	2.0	r	0.6		2.2
Diffusion	66.7	r	83.3	r	66.7		66.7

Coincident Economic Index (CEI)	107.8	r	107.9	p	107.8	p
Percent Change	0.1	r	0.1	p	-0.1	p	1.1	p
Diffusion	75.0		50.0		50.0		100.0

n.a. Not available p Preliminary r Revised
Indexes equal 100 in 2010
Source: The Conference Board All Rights Reserved