FXstreet.com (Barcelona) - United Kingdom's leading index has declined in November, for the fourth time in the last six months, with good productivity figures, but weighed by stock prices and consumer expectations, according to the latest report published by the Conference Board.
The leading index has decreased 0.3% in November, following a 0.1% increase in October, which has been revised down from the initially reported 0.2% increase.
Two of the seven components of the leading indicator posted gains in November, being productivity the main positive contributor. On the negative side we find stock prices, the yield spread, volume of expected output, consumer confidence and order book volume.
The coincident index has continued to increase at a steady pace, posting a 0.2% rise, with three out of its four main components posting gains, being employment the main positive contributor. Industrial production remained flat on the month.