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

20 Nov, 2015, 09:30 ET from The Conference Board

NEW YORK, Nov. 20, 2015 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for France declined 0.1 percent in September to 112.9 (2010 = 100), following a 0.4 percent increase in August, and a 0.4 percent increase in July.

At the same time, The Conference Board Coincident Economic Index® (CEI) for France, a measure of current economic activity, increased 0.1 percent in September to 100.9 (2010 = 100), following a 0.2 percent increase in August, and no change in July.

Despite September's decline, the France LEI continued to improve over the most recent six months. Meanwhile, the CEI increased in the past two months, after being virtually flat since January, with more widespread strengths than weaknesses among its components. Taken together, the recent behavior of the composite indexes suggests that economic growth is likely to continue at a moderate pace in the coming year.

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.

 

Summary Table of Composite Indexes




2015




6-month


Jul


Aug


Sep


Mar to Sep










Leading Economic Index (LEI)

112.6

p

113.0

p

112.9

p



  Percent Change

0.4

p

0.4

p

-0.1

p

1.2

p

  Diffusion

78.6


64.3


50.0


78.6











Coincident Economic Index (CEI)

100.6

p

100.8

p

100.9

p



  Percent Change

0.0

p

0.2

p

0.1

p

0.3

p

  Diffusion

62.5


100.0


100.0


75.0











n.a.  Not available     p  Preliminary     r  Revised







Indexes equal 100 in 2010









Source:  The Conference Board               All Rights Reserved

 

SOURCE The Conference Board



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