The Conference Board Leading Economic Index® (LEI) for Germany increased 0.3 percent in February to 109.4 (2004 = 100), following a 0.6 percent increase in January, and a 0.3 percent increase in December.
At the same time, The Conference Board Coincident Economic Index® (CEI) for Germany, a measure of current economic activity, increased 0.3 percent in February to 108.5 (2004 = 100), following a 0.4 percent increase in January, and a 0.1 percent decline in December.
The LEI for Germany increased for the fifth consecutive month in February, although its six-month growth rate has moderated recently. The CEI increased again in February and has been on an upward trend for the past 12 months. Taken together, the recent behavior of the composite indexes suggests that the economy will continue expanding moderately through the first half of 2014.
