Euro Leading Index Reaches 3.5 Year High

The Conference Board announced today that its “Leading Economic Index (LEI) for the Euro Area increased 0.8 percent in December to 107.3, following a 0.6 percent increase in November and 0.2 percent increase in October,” which was the highest level in three and-one-half years going back to the summer of 2007 (see chart above). Said [...]
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