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LEI for the United Kingdom Declined Again in October
The Conference Board Leading Economic Index®(LEI) for the United Kingdom fell by 0.8 percent in October 2022 to 79.2 (2016=100), following a downwardly revised 1.0 percent decline in September. The LEI for the UK contracted by 4.1 in the six-month period ending in October 2022, a reversal from its 0.5 percent growth rate over the previous six-month between October 2021 and April 2022. The Conference Board Coincident Economic Index® (CEI) for the United Kingdom improved by 0.2 percent in October 2022 to 103.9 (2016=100), after remaining unchanged in September. The CEI for the UK contracted by 0.3 percent in the ... (full story)