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Article: LEADING INDEX FOR GERMANY DECLINED IN JULY
- Article from:
- US Fed News Service, Including US State News
- Article date:
- September 25, 2006
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The Conference Board issued the following news release:
The Conference Board announced today that the leading index for Germany declined 0.1 percent and the coincident index increased 0.4 percent in July.
* The leading index decreased in July, the third consecutive decline based on newly available data. The growth of CPI for services (inverted) and stock prices were the major negative contributors in July. From January to July the leading index declined 0.3 percent (a -0.6 percent annual rate). In addition, the strengths among the leading indicators have become less widespread in recent months, but strengths and weaknesses still remain somewhat balanced.
* The coincident index increased ...