The Conference Board Leading Economic Index(LEI) forFranceincreased 0.5 percent in June to 114.8 (2004 = 100), following a 0.3 percent decline in May, and a 0.3 percent increase in April.

At the same time,The Conference Board Coincident Economic Index(CEI) forFrance, a measure of current economic activity, increased 0.1 percent in June to 105.2 (2004 = 100), following a 0.2 percent increase in May, and a 0.1 percent decline in April.

The Conference Board LEI forFrancepicked up in June following May's decline. In addition, its six-month growth rate has been relatively steady, fluctuating within a range of 2.0 to 4.0 percent during 2011. Meanwhile, The Conference Board CEI has been on a rising trend since reaching its most recent trough inAugust 2009, though it is still below its most recent peak inFebruary 2008. Taken together, the behavior of the composite indexes suggests that economic activity should expand, albeit moderately, in the near term.