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The Conference Board Leading Economic Index® (LEI) for France Unchanged

The Conference Board Leading Economic Index® (LEI) for France was unchanged in April at 118.3 (2004 = 100), following a 0.4 percent increase in March, and a 0.2 percent decrease in February.

At the same time, The Conference Board Coincident Economic Index® (CEI) for France, a measure of current economic activity, increased 0.1 percent in April to 103.6 (2004 = 100), following a 0.1 percent decrease in March, and no change in February.

With the LEI remaining unchanged in April, its six-month growth rate has slowed compared to the previous six months. The CEI, meanwhile, has been relatively flat for the past two years, but its six-month growth rate has turned slightly positive in recent months. Taken together, the recent behavior of the composite indexes suggests that France's economy is likely to see continue moderate improvement in the near term.
www.conference-board.org

 

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