The Conference Board Leading Economic Index® (LEI) for France increased 0.3 percent in September to 118.4 (2004 = 100), following no change in August, and a 0.5 percent increase in July.
At the same time, The Conference Board Coincident Economic Index® (CEI) for France, a measure of current economic activity, decreased 0.1 percent in September to 103.6 (2004 = 100), following no change in August, and no change in July.
The LEI increased in September, after no change in August, and its six-month growth rate has slowed considerably compared to earlier this year. Meanwhile, the CEI has been stagnant for more than two years, and its six-month growth rate remains flat. Taken together, the recent behavior of the composite indexes suggests that economic activity is likely to continue expanding through early 2015, but at slow pace.