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

NEW YORK, Oct. 19, 2015 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for France increased 0.4 percent in August to 113.0 (2010 = 100), following a 0.4 percent increase in July, and a 0.3 percent increase 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 100.7 (2010 = 100), following no change in the prior two months.  

The LEI has been improving throughout this year and its six-month growth rate has improved modestly. In addition, the strengths among its components have become very widespread over the past six months. Meanwhile, the CEI has been virtually flat this year, and its six-month growth rate remains slightly positive. Taken together, the recent behavior of the composite indexes, and widespread strengths among their components, suggests that economic conditions are likely to improve and growth should pick up somewhat in the coming months.

About The Conference Board Leading Economic Index^® (LEI) for France
The composite economic indexes are the key elements in an analytic system designed to signal peaks and troughs in the business cycle. The leading and coincident economic indexes are essentially composite averages of several individual leading or coincident indicators. They are constructed to summarize and reveal common turning point patterns in economic data in a clearer and more convincing manner than any individual component – primarily because they smooth out some of the volatility of individual components.

The seven components of The Conference Board Leading Economic Index^® for France include:

Yield Spread, 10 year minus Day-Day Loan
Stock Price SBF 250 Index
Building Permits, residential
New Unemployment Claims
Industrial New Orders
Production Expectations
Ratio Deflator of Manufacturing Value Added to Unit Labor Cost

For more information including full press release and technical notes:
http://www.conference-board.org/data/bcicountry.cfm?cid=3

For more information about The Conference Board global business cycle indicators:
http://www.conference-board.org/data/bci.cfm

About The Conference Board

The Conference Board is an independent business membership and research association working in the public interest. Our mission is unique: To provide the world's leading organizations with the practical knowledge they need to improve their performance and better serve society. The Conference Board is a non-advocacy, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States.  www.conference-board.org.

SOURCE The Conference Board

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