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Germany Leading Index Drops In October

The leading index for Germany declined in October, figures from the Conference Board showed Monday.

The leading index fell 0.5 percent month-over-month in October, reversing the 0.1 percent increase in September.

Three out of the seven sub-indices increased in October.

The coincident index, a measure of current economic conditions, rose 0.2 percent in October after the 0.1 percent climb in the previous month.

Taken together, the behavior of the composite indexes suggests that economic activity should continue at its current moderate pace into early 2015, but downside risks still exist, the Conference Board said.

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