Article: KOREA LEADING INDEX DECREASES SLIGHTLY IN JULY

The Conference Board issued the following news release:

The Conference Board announced today that the leading index for Korea declined 0.2 percent and the coincident index declined 0.6 percent in July.

* The leading index decreased slightly in July, and it has declined in only two of the last six months. Value of machinery orders and index of inventories to shipments in the manufacturing sector were the only contributors to the decrease in the leading index in July. The leading index grew 2.3 percent from January to July (a 4.6 percent annual rate) and the strengths among the leading indicators have become somewhat less widespread since April. However, strengths and weaknesses in the ...

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