Canadian Leading Index up by 0.6% in February.

Wednesday, 21 March 2012 03:22

The Statistics Canada reported today gain in leading index by 0.6%, higher than 0.5% expected.

Level on index shows condition of country’s economy. Last month, indicator increased for 8th successive time. January’s reading showed 0.4% gain.

The Canadian leading index contains 10 economic components: employment, production, housing, consumer confidence, new orders, money supply, interest rate and stock market indexes.