From the Wires
The Conference Board Leading Economic Index® (LEI) for France Increases
By: PR Newswire
Nov. 19, 2012 04:00 AM
BRUSSELS, Nov. 19, 2012 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for France increased 0.6 percent in September to 114.9 (2004 = 100), following a 0.6 percent increase in August, and a 0.3 percent increase in July.
At the same time, The Conference Board Coincident Economic Index® (CEI) for France, a measure of current economic activity, declined 0.1 percent in September to 104.3 (2004 = 100), following no change in both August and July.
The LEI for France has increased throughout the third quarter of 2012, following a small decline during the second quarter, and its six-month growth rate remains positive. During the past year, the CEI for France has been relatively flat, with real GDP showing a similar trend. The recent behavior of the composite indexes suggests that the economy is unlikely to grow at anything more than a slow pace in the near term.
About The Conference Board Leading Economic Index® (LEI) for France
The seven components of The Conference Board Leading Economic Index® for France include:
Yield Spread, 10 year minus Day-Day Loan
For more information including full press release and technical notes:
For more information about The Conference Board global business cycle indicators:
About The Conference Board
SOURCE The Conference Board
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