Global Business Cycle Indicators

EuroArea

Press Releases

Latest
Archive

Data

Purchase Data

Latest Press Release

Please download related PDFs on the upper right corner of this page.

Released: Friday, July 25, 2014

The Conference Board Leading Economic Index® (LEI) for the Euro Area increased 0.1 percent in June to 112.2 (2004=100), following a 0.4 percent increase in May and a 0.2 percent decrease in April.

“June's small increase in the Leading Economic Index for the Euro Area points to a subdued recovery continuing in the months ahead,” said Bert Colijn, Senior Economist at The Conference Board. “The LEI’s upward trend has moderated considerably, and the latest declines in economic sentiment, the Markit PMI for manufacturing, and building permits all suggest slow growth. Meanwhile, the Coincident Economic Index is virtually flat, indicating little to no improvement in economic activity. Escalated tensions in Ukraine are adding more uncertainty to the Euro Area economy, further threatening the prospect of a rebound in employment, production, sales, and income.”

The Conference Board Coincident Economic Index® (CEI) for the Euro Area, which measures current economic activity, was unchanged in June, according to preliminary estimates. The index now stands at 101.4* (2004 = 100). The CEI was unchanged in both May and April.

About The Conference Board Leading Economic Index® (LEI) for the Euro Area

The Conference Board Leading Economic Index® for the Euro Area was launched in January 2009. Plotted back to 1987, this index has successfully signaled turning points in the business cycle of the bloc of countries that now constitute the Euro Area, defined by the common currency zone.

The Conference Board currently produces leading economic indexes for twelve other individual countries, including Australia, Brazil, China, France, Germany, India, Japan, Korea, Mexico, Spain, the U.K. and the U.S.

The seven components of The Conference Board Leading Economic Index® for the Euro Area include:

Economic Sentiment Index (source: European Commission DG-ECFIN)
Index of Residential Building Permits Granted (source: Eurostat)
EURO STOXX® Index (source: STOXX Limited)
Money Supply (M2) (source: European Central Bank)
Interest Rate Spread (source: European Central Bank)
Eurozone Manufacturing Purchasing Managers’ Index (source: Markit Economics)
Eurozone Service Sector Future Business Activity Expectations Index (source: Markit Economics)

To view The Conference Board calendar for 2014 indicator releases:
www.conference-board.org/data/

* Series in The Conference Board LEI for the Euro Area that are based on The Conference Board estimates are real money supply and residential building permits. All series in The Conference Board CEI for the Euro Area are based on The Conference Board estimates (employment, industrial production, retail trade, and manufacturing turnover).

About The Conference Board

The Conference Board is a global, independent business membership and research association working in the public interest. Our mission is unique: To provide the world’s leading organizations with 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.

Professional Contacts at The Conference Board:

Indicator Program: indicators@conference-board.org

Media Contacts:

Derek Servais:
+ 32 2 679 5054
derek.servais@conference-board.org

Said Rabana :
+32 2 679 5050
said.rabana@conference-board.org

©The Conference Board 2013. All data contained in this table are protected by United States and international copyright laws. The data displayed are provided for informational purposes only and may only be accessed, reviewed, and/or used in with the permission accordance of The Conference Board consistent with a subscriber or license agreement and the Terms of Use displayed on our website at www.conference-board.org. The data and analysis contained herein may not be used, redistributed, published, or posted by any means without express written permission from The Conference Board.

COPYRIGHT TERMS OF USE

All material on Our Sites are protected by United States and international copyright laws. You must abide by all copyright notices and restrictions contained in Our Sites.

You may not reproduce, distribute (in any form including over any local area or other network or service), display, perform, create derivative works of, sell, license, extract for use in a database, or otherwise use any materials (including computer programs and other code) on Our Sites ("Site Material"), except that you may download Site Material in the form of one machine readable copy that you will use only for personal, noncommercial purposes, and only if you do not alter Site Material or remove any trademark, copyright or other notice displayed on the Site Material. If you are a subscriber to any of the services offered on Our Sites, you may be permitted to use Site Material, according to the terms of your subscription agreement.

TRADEMARKS

"THE CONFERENCE BOARD," the TORCH LOGO, "THE CONFERENCE BOARD LEADING ECONOMIC INDEX", "THE CONFERENCE BOARD COINCIDENT ECONOMIC INDEX", and "THE CONFERENCE BOARD LAGGING ECONOMIC INDEX", and other logos, indicia and trademarks featured on Our Sites are trademarks owned by The Conference Board, Inc. in the United States and other countries ("Our Trademarks"). You may not use Our Trademarks in connection with any product or service that does not belong to us nor in any manner that is likely to cause confusion among users about whether we are the source, sponsor, or endorser of the product or service, nor in any manner that disparages or discredits us.

Violators of these rights will be prosecuted to the full extent of the law. Nothing herein shall restrict the use of the information by news journalists using the information in a legitimate news publication or periodical.

Download related PDFs

Technical Notes
Underlying detail, diffusion indexes, components, contributions and graphs

Press Release
With graph and summary table

StraightTalk®

Straight Talk November 2013

StraightTalk® Global Economic Outlook 2014: Time to realize the opportunities for growth

From the Chief Economist

No more bumps in the road to stronger economic growth

The economy is expected to have grown at about 3 percent annualized pace in the second quarter after a very unusual and disappointing -2.9 percent contraction in the first quarter...

Read the article
Archives

  • Human Capital
  • Back to Top