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LEI for the United Kingdom Declined In July
The Conference Board Leading Economic Index® (LEI) for the United Kingdom declined by 0.3 percent in July 2024 to 75.4 (2016=100), following three consecutive 0.1 percent declines in April, May and June. As a result, the LEI for the UK contracted by 0.8 percent over the six-month period between January and July 2024, but still at a smaller rate of decline compared to the 2.1 percent contraction over the previous six-month period. The Conference Board Coincident Economic Index® (CEI) for the United Kingdom in contrary rose by 0.2 percent in July 2024 to 105.2 (2016=100), continuing an increase of 0.3 percent in ... (full story)