Germany's Leading Economic Index Rises

Feb. 21, 2006
With strength well distributed among individual elements, the Conference Board's index of leading economic indicators for Germany rose three-tenths of a percentage point in December 2005, the most recent month for which data are available. The index ...

With strength well distributed among individual elements, the Conference Board's index of leading economic indicators for Germany rose three-tenths of a percentage point in December 2005, the most recent month for which data are available.

The index has been growing at an annual rate of 2.5% to 3.5% in recent months, a sharp contrast to early 2005, when the index essentially showed no growth.

The index now stands at 105.3 (1990=100), and "the widespread and steady growth in the leading index since March 2005 suggests that the [German] economy will continue to expand in the near term and the sluggish rate reported in the fourth quarter of 2005 is not likely to persist," says the Conference Board, a New York-based business research group.

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