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Article: LEADING INDEX FOR GERMANY INCREASES 0.5 PERCENT
- Article from:
- US Fed News Service, Including US State News
- Article date:
- October 24, 2006
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The Conference Board issued the following news release:
The Conference Board announced today that the leading index for Germany increased 0.5 percent and the coincident index increased 0.2 percent in August.
* The leading index increased sharply in August, driven largely by new orders in investment goods and the inverted six-month growth rate of CPI services. Despite the increase in August, the leading index has slowed to about a 0.2 percent annual rate in recent months, down from the 5.0 - 6.0 percent rate in the first quarter of 2006. In addition, the strengths among the leading indicators have become less widespread in recent months.
* The coincident index increased again in August, and ...