It’s Only Common Sense: Customer Service Is Sales in Disguise
Dan’s Biz Bookshelf: ‘Dream First, Details Later
Happy’s Tech Talk #40: Factors in PTH Reliability—Hole Voids
Conference Board Leading Economic Index for India Down in November
December 23, 2015 | The Conference BoardEstimated reading time: 1 minute
The Conference Board Leading Economic Index (LEI) for India decreased 0.5 percent in November to 103.0 (2010 = 100), following a 1.0 percent increase in October and a 0.7 percent decline in September. The interest rate spread, cargo handled*, industrial production: capital goods, and M3: bank credit to commercial sector contributed positively to the LEI. PMI: services business activity, the SENSEX stock prices index, merchandise exports, and the real effective exchange rate (36 countries) declined in November.
“Despite November’s decline in the LEI, the six-month growth rate continues to pick up, suggesting that India’s rate of economic expansion is likely to last into early 2016,” said Jing Sima, Senior Economist at The Conference Board. “However, sustainable economic growth in the longer-term requires successful implementation of more reforms to help boost business confidence.”
The Conference Board Coincident Economic Index (CEI) for India, which measures current economic activity, increased 0.3 percent in November to 111.0 (2010 = 100), following a 1.4 percent increase in October and a 1.5 percent decline in September. Total imports and industrial production* increased, while car sales: passenger vehicle declined.
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.
Share on:
Suggested Items
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.
Mycronic Posts Interim Report January-March 2025
04/25/2025 | MycronicMycronic announced its interim report for the period of January to March 2025, revealing a strong performance in the first quarter. The company reported significant increases in order intake and net sales, alongside a healthy EBIT margin.