The Conference Board Leading Economic Index® (LEI) for France was unchanged in November at 110.0 (2010 = 100), following a 0.1 percent increase in October, and a 0.2 increase in September.
At the same time, The Conference Board Coincident Economic Index® (CEI) for France, a measure of current economic activity, was unchanged in November at 99.8 (2010 = 100), following a 0.1 percent decline in October, and a 0.1 percent decline in September.
Despite no change in November, the LEI has been trending moderately upward, with gains in its six-month growth rate compared to the first half of 2014. Meanwhile, the CEI has remained relatively unchanged for the past two years, and its six-month growth rate has become slightly negative in recent months. The improved growth in the leading economic index and more widespread strengths among its components suggest that economic activity will likely continue expanding at a modest pace in the near term.
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