The Conference Board Leading Economic Index® (LEI) for Korea was unchanged in November, remaining at 123.5 (2004 = 100), following a 2.2 percent increase in October, and a 0.7 percent increase in September.
At the same time, The Conference Board Coincident Economic Index® (CEI) for Korea, a measure of current economic activity, increased 0.2 percent in November to 117.7 (2004 = 100), following a 0.7 percent increase in October and a 0.1 percent decline in September.
The LEI for Korea was unchanged after three months of consecutive gains, but its six-month change has strengthened and is at its highest rate since May 2011. In addition, The CEI for Korea edged up in November, and its six-month growth rate has accelerated compared to earlier this year. Taken together, the composite indexes and their components suggest continuing economic growth, which may even pickup slightly, in the near term.
