A measure of France’s future economic activity rose for a second straight month in February, signaling a continuation of recovery in coming months, survey results from the Conference Board showed Friday.
The Conference Board Leading Index for France climbed 0.2 percent to 111 from 110.8 January, when it rose 0.3 percent. In the August to February period, the index increased 1.3 percent.
The coincident index of the survey, meanwhile, remained unchanged from January, when it gained 0.2 percent.
The strengths among the leading indicators have been slightly more widespread than the weaknesses over the past six months, the survey said.
“Taken together, the behavior of the composite indexes suggests that economic activity will likely continue expanding, and could even gradually accelerate in the near term,” the think tank concluded.
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