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France Leading Index Rises In December

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The Conference Board leading economic index for France stood at 106.5 in December, up from 105.9 in the previous month, the Conference Board said on Monday.

Four of the seven components that make up the leading index increased in December. Positive contributions came from yield spread, new unemployment claims (inverted), the stock price index, and building permits (residential).

Production expectations was the only negative contributor to the index in December, while the ratio of the deflator of manufacturing value added to unit labor cost for manufacturing and industrial new orders remained unchanged.

At the same time, the Conference Board coincident economic index - a measure of current economic activity - was flat at 103.3.

The Conference Board leading economic index for France stood at 106.5 in December, up from 105.9 in the previous month, the Conference Board said on Monday. (Market News Provided by RTTNews)

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