OECD Composite Leading Indicators (CLIs) - Updated: December 2008

Composite Leading Indicators signal deepening slowdown in OECD area and major non-OECD member economies

 

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05/12/2008 - OECD composite leading indicators (CLIs) for October 2008 continue to point to a weakening outlook for all the major seven economies but compared to last month the outlook has significantly deteriorated in the major non-OECD member economies, with China, India and Russia now also facing strong slowdowns. etc.

The methodology used, starting from December 2008, to compile OECD CLIs and reference series trend is described in the document: "OECD system of Composite Leading Indicators". Up to December 2008, the methodology used by the OECD is described in "OECD Composite Leading indicators: a tool for short-term analysis".

 

The next publication date of the OECD's CLI will be on 12 January 2009. 

 

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.

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