• Coincident index 110.2
• Prior 116.0

The assessment of the coincident index has been changed to “weakening” for the first time since April last year. That’s not too good a look on business conditions to start the year. Looking at the details, the softening mostly comes from the manufacturing and production side while retail sales and wholesale sales were largely steady on the month.

This article was written by Justin Low at www.forexlive.com.


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