A leading indicator of French economic activity declined in April, a report from the Conference Board showed Wednesday.
The leading economic index or LEI fell 0.5 percent from a month earlier to 114.2 following an increase of 0.4 percent in March. During the six-month through April, the index increased 1.1 percent.
The coincident economic index, that measures current economic activity, increased 0.2 percent to 104. The index was down 0.2 percent in March.
The Conference Board said the recent behavior of the composite indexes suggested that economic activity may start to recover at a slow pace in the near term.
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