U.K. LONGER CYCLICAL INDICATOR RISES IN FEBRUARY The U.K. Longer leading cyclical indicator rose in February by 5.8 pct after January's 1.9 pct rise, figures from the Central Statistical Office show. The indicator, base 1980, which shows trends in the economy 12 months ahead, was put at 108.7 in February compared with 102.7 in January and 99.5 in February 1986. The shorter leading indicator, signalling trends six months ahead, was put at 97.1 for January, the latest month for which data were available, after December's 96.5. This compared with 98.4 in January 1986. The coincident indicator, designed to signal current turning points in the economy, was put at 91.2 in January, down from 91.9 in December and 91.6 in january 1986. The lagging index, which the CSO says shows a turning point in the economy about a year after it happens, was at 92.4 in January, down from 92.5 in December and 93.0 a year earlier. The Office said leading indicators still do not show a consistent picture of the likely future developments of the business cycle in Britain. It said the strong rise in the longer leading index between December and February was due mainly to rises in share prices.