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The Conference Board Leading Economic Index® (LEI) for France Declines
By: PR Newswire
Dec. 17, 2012 04:02 AM
BRUSSELS, Dec. 17, 2012 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for France declined 0.5 percent in October to 114.4 (2004 = 100), following a 0.7 percent increase in September, and a 0.5 percent increase in August.
At the same time, The Conference Board Coincident Economic Index® (CEI) for France, a measure of current economic activity, declined 0.1 percent in October to 103.9 (2004 = 100), following a 0.3 percent decline in September, and no change in August..
The LEI for France declined in October, after moderate increases throughout the third quarter of 2012. The six-month growth rate has slowed, but 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 economic activity is still weak, and not likely to pick up 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
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