FXstreet.com (Barcelona) - UK's Conference Board's Leading index has decreased 0.1% in September, the coincident index, in turn, has edged up 0.1% according to the latest report by the private economic research institute.
The leading index has posted its third consecutive decline in September, which made the six-month index decelerate its growth to 0.6% down from the 1.5% to 2.5% pace seen in the first half of the year.
Four of the seven components of the leading index have posted gains; productivity for the whole economy, stock prices, operating surplus of corporations, and consumer confidence, while volume of expected output, yield spread, and order book volume have decreased on the month, according to the Conference Board.
The coincident index has increased again fuelled by positive contributions of employment, retail sales and real household disposable income, while industrial production decreased. The six-month growing rate remains unchanged at 0.8%.