Conference Board LEI for India Down 0.5% in September
October 20, 2015 | The Conference BoardEstimated reading time: 1 minute
The Conference Board Leading Economic Index (LEI) for India decreased 0.5 percent in September to 102.5 (2010 = 100), following a 0.5 percent decline in August and a 1.7 percent increase in July. Positive contributors to the index were the interest rate spread, M3: bank credit to commercial sector, and cargo handled*. The SENSEX stock prices index, the real effective exchange rate (36 countries), merchandise exports, and PMI: services business activity declined, while industrial production: capital goods* remained unchanged.
“The Leading Economic Index for India fell in September for the second consecutive month, led by declining stock prices, a sliding exchange rate, and a pull back in exports and the service sector,” said Jing Sima, Senior Economist at The Conference Board. “Despite further easing of monetary policy, India will continue facing challenges in the near future from both tepid domestic demand and a slower global growth climate.”
The Conference Board Coincident Economic Index (CEI) for India, which measures current economic activity, decreased 0.6 percent in September to 110.4 (2010 = 100), following a 0.5 percent increase in August and a 1.2 percent increase in July. Only industrial production* increased in September.
The Conference Board LEI for India aggregates eight economic indicators that measure economic activity in India. Each of the LEI components has proven accurate on its own. Aggregating individual indicators into a composite index filters out so-called “noise” to show underlying trends more clearly.
About The Conference Board Leading Economic Index® (LEI) for India
The Conference Board Leading Economic Index for India was launched in September 2013. Plotted back to April 1990, this index has successfully signaled turning points in the economic cycles of India. The Conference Board also produces LEIs for Australia, Brazil, China, the Euro Area, France, Germany, Japan, Korea, Mexico, Spain, the United Kingdom, and the United States.
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
Global Interposer Market to Surge Nearly Fivefold by 2034
09/15/2025 | I-Connect007 Editorial TeamRevenue for the global interposer market is projected to climb from $471 million in 2025 to more than $2.3 billion by 2034, according to a new report from Business Research Insights. The growth represents a CAGR of nearly 20 percent over the forecast period.
VDMA Forecast 2025: German Robotics and Automation Faces 10% Revenue Drop Investment Restraint Shapes the Outlook
06/02/2025 | VDMAThe robotics and automation industry in Germany is expected to generate total sales of €14.5 billion in 2025. This is a drop of ten percent compared to the previous year.
DuPont Achieves 100% Renewable Electricity Across its European Union Operations
05/28/2025 | DuPontDuPont announced 100 percent of its grid electricity is from renewable sources across its entire European Union (EU) operations, through the use of Renewable Energy Certificates (RECs).
Electronics Industry Demand Holds Steady Amid Tariff Turbulence
05/22/2025 | IPCElectronics manufacturers are bracing for higher costs as profit pressures deepen according to IPC’s May Sentiment of the Global Electronics Manufacturing Supply Chain Report.
North American PCB Industry Shipments Down 3.1% in March
04/28/2025 | IPCIPC announced the March 2025 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.24.