NEW YORK, Aug. 10, 2018 /PRNewswire/ -- The Conference
Board Leading Economic Index® (LEI) for South Korea decreased 0.9 percent in
June 2018 to 102.6 (2016=100).
The Conference Board Coincident Economic
Index® (CEI) for South
Korea remained unchanged in June
2018 at 102.1 (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.
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. Winner
of the Consensus Economics 2016 Forecast Accuracy Award (U.S.), 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