The Conference Board Leading Economic Index (LEI) for Korea Remains Unchanged

Thu Feb 14, 2013 8:00pm EST

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NEW YORK,  Feb. 14, 2013  /PRNewswire/ -- The Conference Board Leading Economic
Index  (LEI) for Korea was unchanged in December, remaining at 121.6 (2004 =
100), following a 0.3 percent increase in November, and a 0.6 percent increase
in October.  

At the same time,  The Conference Board Coincident Economic Index  (CEI) for
Korea, a measure of current economic activity, declined 0.2 percent in December
to 117.2 (2004 = 100), following a 0.8 percent increase in November and a 0.2
percent decline in October.  

The LEI for Korea remained unchanged after increasing in the previous three
months, and its six-month change has picked up in the second half of 2012
compared to the first half of the year. Meanwhile, the CEI for Korea fell
slightly in December, but its six-month growth rate has remained fairly steady
during the last quarter of the year. Taken together, both the LEI and CEI
suggest that the current rate of economic expansion is likely to continue in the
near term.  

About The Conference Board Leading Economic Index (LEI) for Korea  
The composite economic indexes are the key elements in an analytic system
designed to signal peaks and troughs in the business cycle. The leading and
coincident economic indexes are essentially composite averages of several
individual leading or coincident indicators. They are constructed to summarize
and reveal common turning point patterns in economic data in a clearer and more
convincing manner than any individual component - primarily because they smooth
out some of the volatility of individual components.  

The seven components of  The Conference Board Leading Economic Index  for Korea
include:  

Stock Prices  
Value of Machinery Orders  
Letter of Credit Arrivals  
Index of Shipments to Inventories  
Export FOB  
Yield of Government Public Bonds  
Private Construction Orders  

For more information including full press release and technical notes:  
http://www.conference-board.org/data/bcicountry.cfm?cid=6

For more information about The Conference Board global business cycle
indicators:  http://www.conference-board.org/data/bci.cfm

About The Conference Board  
The Conference Board is an independent business membershipand research
association working in the public interest. Our mission is unique: To provide
the world's leading organizationswith the practical knowledge they need to
improve their performance and better serve society. The Conference Board is a
non-advocacy, not-for-profit entity holding 501 (c) (3) tax-exempt status in the
United States.   www.conference-board.org.

 Summary Table of Composite Economic Indexes                                            
                                                                                      
                                  2012                               6-month          
                                  Oct       Nov       Dec       Jun to Dec       
 Leading Economic index (LEI)     121.2  r  121.6  r  121.6                      
 Percent Change                   0.6    r  0.3    r  0.0       1.3             
 Diffusion                        35.7   r  64.3   r  57.1      71.4            
                                                                                 
 Coincident Economic Index (CEI)  116.5  p  117.4  p  117.2  p                   
 Percent Change                   -0.2   p  0.8    p  -0.2   p  0.9     p       
 Diffusion                        50.0      87.5      62.5      100.0           
                                                                                 
 n.a. Not available   p Preliminary   r Revised                                         
 Indexes equal 100 in 2004                                                              
 Source: The Conference Board   All Rights Reserved                                     


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Carol Courter, +1-732-672-2817, courter@conference-board.org

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