U.K. leading economic index falls 0.1% in October

Market news

15 December 2015

U.K. leading economic index falls 0.1% in October

The Conference Board (CB) released its leading economic index for the U.K. on Tuesday. The leading economic index (LEI) decreased 0.1% in October, after a 0.4% fall in September.

The coincident index was up 0.1% in October, after a 0.3% gain in September.

"The recent deceleration in the growth of the LEI suggests that the economic expansion is likely to moderate in early 2016," the CB said.

U.S.: NAHB Housing Market Index, December 61 (forecast 63)

U.S. Stocks open: Dow +0.93%, Nasdaq +0.89%, S&P +1.06%

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