UK LEI
The Conference Board Leading Economic Index (LEI) for The United Kingdom increased by 0.5% while The Conference Board Coincident Economic Index (CEI) increased 0.1% in June. With the 0.5% increase, the Conference Board LEI for The United Kingdom now stands at 103.0 (2004 = 100), which increased 0.2% in May and 0.7% in April. Meanwhile, the CEI results for the month were preceded by a 0.3% increase in May and a 0.3% increase in April to now stands at 103.1 (2004 = 100). LEI results for the month were attributed to positive gains in the 7 components that make up The Conference Board LEI for The United Kingdom, including Order Book Volume; Volume of Expected Output; Consumer Confidence Indicator; FTSE All-Share Index; Yield Spread; Productivity, Whole Economy; and Total Gross Operating Surplus of Corporations.