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Eurozone: leading economic index fell in January – 17 February 2021


The research results published by the Conference Board showed: at the end of January, the leading economic index (LEI) for the euro zone fell by 0.2 percent, and amounted to 100.1 points (2016 = 100).

Recall that the leading economic index is a weighted average indicator that is calculated based on a number of macroeconomic indicators. The indicator characterizes the development of the economy over the next 6 months. There is also a rule of thumb that the output of the indicator value in the negative area for three months in a row is an indicator of a slowdown in the country’s economy.

Meanwhile, the coincident economic indicator (CEI) rose 0.2 percent in January to 103.1 points (2016 = 100).

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