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

Aug 21, 2015, 09:30 ET from The Conference Board

NEW YORK, Aug. 21, 2015 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for France increased 0.4 percent in June to 112.5 (2010 = 100), following a 0.2 percent increase in May, and a 0.2 percent increase in April.

At the same time, The Conference Board Coincident Economic Index® (CEI) for France, a measure of current economic activity, remained unchanged in June at 100.8 (2010 = 100), following a 0.1 percent increase in May, and no change in April.

The LEI remains on an upward trend, and as a result its six-month growth rate has improved from six months ago. Meanwhile, the CEI has been growing at a very modest pace over the same period. Despite no economic growth in the second quarter, the behavior of the composite indexes suggests that the economy is likely to improve in the final months of 2015.

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


Apr


May


Jun


Dec to Jun










Leading Economic Index (LEI)

111.9

p

112.1

p

112.5

p



  Percent Change

0.2

p

0.2

p

0.4

p

1.8

p

  Diffusion

71.4


71.4


71.4


85.7











Coincident Economic Index (CEI)

100.7

p

100.8

p

100.8

p



  Percent Change

0.0

p

0.1

p

0.0

p

0.5

p

  Diffusion

62.5


87.5


62.5


87.5











n.a.  Not available     p  Preliminary     r  Revised







Indexes equal 100 in 2010









Source:  The Conference Board               All Rights Reserved

 

SOURCE The Conference Board



RELATED LINKS

http://www.conference-board.org