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Report says France's economic indicators slid 0.5 percent in April
PARIS, June 19 () -- Leading economic indicators for France declined in April, weighed down by increased claims for unemployment benefits, the Conference Board said Wednesday."Large negative contributions to the index" also came from declining orders for factories, low numbers of building permits issued and low production expectations, the research firm said.The Conference Board said the leading index for France dropped 0.5 percent in April to 114.2. The coincident index, which measures current business conditions,[url=http://www.christianelouboutinoutlet.com]Cheap Christian Louboutin Shoes[/url], climbed 0.2 percent to 104.The value of the indexes is derived from comparisons to 2004,[url=http://www.christianslouboutinsales.com]Christian Louboutin Sale[/url], when they were assigned base values of 100. In April, six of the country's seven component indexes that make up the leading index fell. The only positive contribution came from the yield spread,[url=http://www.christianslouboutinsales.com]Christian Louboutin Men[/url], which is a measure of government borrowing costs.