OECD Composite Leading Indicators (CLIs) - Updated: July 2007

OECD Composite Leading Indicators a signal continued positive outlook for major global economies

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06/07/2007 - The latest composite leading indicators (CLIs) suggest that moderate economic expansion will continue in the OECD area. May 2007 data show improved performance in the CLI's six month rate of change in all the major seven economies except Italy. The latest data for major OECD non-member economies point to continued steady expansion in China, India and Brazil and an improved outlook for Russia.

The CLI for the OECD area rose 0.5 point in May to 110.1 from a revised 109.6 in April and its six-month rate of change was up for the fifth consecutive month. ...etc.

• Link to historical data, graphs and additional methodological information
• Glossary of Composite Leading Indicators
• OECD Business Cycle Analisys Database

The next publication date of the OECD's CLI will be on 10 August 2007.

Contacts
For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or news.contact@oecd.org;  others should contact the Statistics Directorate on stat.contact@oecd.org.