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LEI for the United Kingdom Fell Again in January
The Conference Board Leading Economic Index®(LEI) for the United Kingdom declined by 0.6 percent in January 2023 to 78.8 (2016=100), following a 0.8 percent drop in December 2022. The LEI for the UK contracted by 3.4 percent in the six-month period ending in January 2023, an accelerated rate from its 2.4 percent contraction over the previous six-month period, between January and July 2022. The Conference Board Coincident Economic Index® (CEI) for the United Kingdom ticked up by 0.1 percent in January 2023 to 104.0 (2016=100), after remaining unchanged in December. The CEI for the UK grew by 0.1 percent in the ... (full story)