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The Conference Board Leading Economic Index® (LEI) for France Remains Unchanged in August 2014

The Conference Board Leading Economic Index® (LEI) for France was unchanged in August, remaining at 118.2 (2004 = 100), following a 0.5 percent increase in July, and a 0.1 percent decline in June.

At the same time, The Conference Board Coincident Economic Index® (CEI) for France, a measure of current economic activity, increased 0.1 percent in August to 103.9 (2004 = 100), following no change in July, and a 0.2 percent increase in June.

The LEI has improved moderately in recent months. As a result, its six-month growth rate remains positive, but is only half as fast as six months ago. Meanwhile, the CEI has been relatively flat for the past two years, and its six-month growth rate remains slightly positive. Taken together, the recent behavior of the composite indexes suggests that economic activity is likely to remain sluggish throughout the remainder of this year.

www.conference-board.org

 

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