Composite Leading Indicators - Updated August 2002

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OECD Composite Leading Indicator decreases in June 2002: Decrease for France, Germany and Italy

02/08/2002 - The Composite Leading Indicator (CLI) for the OECD area decreased by 0.1 point in June 2002 to 116.6 from 116.7 in May. The six-month rate of change also decreased for the same period.

For the United States, the CLI increased by 0.3 point in June and its six-month rate of change increased. The CLI for the Euro area fell by 0.4 point in June and its six-month rate of change decreased. In May, the CLI for Japan was the same as the previous month and its six-month rate of change fell.

The CLI for the United Kingdom in June was the same as the previous month but its six-month rate of change decreased. The CLI for Canada rose by 0.4 point in June whereas its six-month rate of change fell for two consecutive months. Finally, the CLIs for France, Germany and Italy decreased in June, as did their six-month rates of change.

Tables and Graphs

Methodological Notes

Glossary

See CLI data for all the countries and detailed information on the OECD methodology for CLIs

More on CLIs: http://www.oecd.org/std/cli

The next publication date of the OECD's CLI will be on 6 September 2002.

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.