The leading index for France, which measures the future economic activity, increased at a stable pace in August, survey figures from the Conference Board showed Monday.
The Conference Board leading economic index climbed 0.4 percent in August, the same rate of increase as in July. In June, the index had risen 0.3 percent.
Out of the seven components, four contributed positively to the index in August.
The coincident index that reflects the current economic activity, edged up 0.1 percent in August, after remaining flat in both June and July. Three of the four components gained during August.
“Taken together, the recent behavior of the composite indexes, and widespread strengths among their components, suggests that economic conditions are likely to improve and growth should pick up somewhat in the coming months,” the Conference Board said.
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