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The Leading Economic Index for Korea increased in June for the 5th straight month, according to a report Wednesday from the Conference Board.
The Leading Index rose 1.5 percent to 105.6.
The board said positive contributions from real exports, the inventories-to-shipments index, machinery orders and credit arrivals offset negative contributions from private construction orders, stock prices and government bond yields.
The accompanying Coincident Index, which measures current economic activity, increased 1.3 percent in June to 108.5. Industrial production and overall employment were the major factors.
The Conference Board noted that both indices have risen sharply this year after showing sharp declines in the fourth quarter of 2008.
The Board said that "taken together, the current behavior of the composite indexes suggests that the improvement in economic activity will likely continue in upcoming months."
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