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For Release 9:00 AM ET, June 23, 2026
Using the Composite Indexes: The Leading Economic Index (LEI) provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term. The Coincident Economic Index (CEI) provides an indication of the current state of the economy. Additional details are below.
This month’s release of the composite economic indexes incorporates annual benchmark revisions which bring them up-to-date with revisions in the source data. These revisions do not change the cyclical properties of the indexes. The indexes are updated throughout the year, but only for the previous six months. Data revisions that fall outside of the moving six-month window are not incorporated until the benchmark revision is made and the entire histories of the indexes are recomputed. As a result, the revised indexes, in levels and month-on-month changes, will not be directly comparable to those issued prior to the benchmark revision.
For more information, please visit conference-board.org/topics/business-cycle-indicators/ or contact us at indicators@tcb.org.
The Conference Board Leading Economic Index®(LEI) for India increased by 0.9% in May 2026 to 188.1 (2016=100), after rising by 1.9% in April. The LEI expanded by 2.7% between November 2025 and May 2026, a slower rate compared to the 3.7% growth observed over the previous six-month period between May and November 2025.
The Conference Board Coincident Economic Index® (CEI) for India increased by 1.7% in May 2026 to 184.7 (2016=100), after expanding by 4.9% in April. As a result, the CEI rose by 4.9% between November 2025 and May 2026, a slower rate compared to the 6.7% growth observed over the previous six-month period between May and November 2025.
The next release is scheduled for Wednesday, July 22, 2026, at 9 A.M. ET.
About The Conference Board Leading Economic Index® (LEI) and Coincident Economic Index® (CEI) for India
The composite economic indexes are key elements in an analytic system designed to signal peaks and troughs in the business cycle. Comprised of multiple independent indicators, the indexes are constructed to summarize and reveal common turning points in the economy in a clearer and more convincing manner than any individual component.
The CEI reflects current economic conditions and is highly correlated with real GDP. The LEI is a predictive tool that anticipates—or “leads”—turning points in the business cycle by around eight months.
The eight components of the Leading Economic Index® for India are:
The three components of the Coincident Economic Index® for India are:
To access data, please visit: https://data-central.conference-board.org/
About The Conference Board
The Conference Board is the Member-driven think tank that delivers Trusted Insights for What's Ahead®®. Founded in 1916, we are a nonpartisan, not-for-profit organization holding 501 (c) (3) tax-exempt status in the United States. TCB.org l Learn about Membership
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