The Conference Board Leading Economic Index® for Brazil, Together with Fundação Getulio Vargas (TCB/FGV Brazil LEI), Declined
NEW YORK, Nov. 14, 2019 /PRNewswire/ --The Conference Board Leading Economic Index for Brazil, together with Fundao Getulio Vargas (TCB/FGV Brazil LEI),decreased 0.1 percent in October2019 to 117.8 (2016=100).
- NEW YORK, Nov. 14, 2019 /PRNewswire/ --The Conference Board Leading Economic Index for Brazil, together with Fundao Getulio Vargas (TCB/FGV Brazil LEI),decreased 0.1 percent in October2019 to 117.8 (2016=100).
- The Conference Board Coincident Economic Index for Brazil, together with Fundao Getulio Vargas (TCB/FGV Brazil CEI),remained unchanged in October2019 at 103.0 (2016=100).
- The composite economic indexes are the key elements in an analytic system designed to signal peaks and troughs in the business cycle.
- The leading and coincident economic indexes are essentially composite averages of several individual leading or coincident indicators.