The Conference Board Leading Economic Index® (LEI) for Korea declined 0.2 percent in June to 109.5 (2010 = 100), following a 1.2 percent decline in May, and a 0.6 percent increase in April.
At the same time, The Conference Board Coincident Economic Index® (CEI) for Korea, a measure of current economic activity, was unchanged in June, remaining at 107.4 (2010 = 100), following a 0.4 percent decline in May, and a 0.1 percent decline in April.
The LEI for Korea decreased in June. Its six-month growth rate remains higher compared to six months ago, however, it has been moderating in recent months. Meanwhile, the CEI for Korea remained unchanged, but its six-month growth rate has turned slightly negative. Taken together, the behavior of both indexes suggests that Korea's economic expansion should continue, but the pace may be unlikely to accelerate in the near term.
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