08/02/2018 - Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend six to nine months ahead, continue to anticipate stable growth momentum in the OECD area as a whole.
Stable growth momentum remains the outlook in the United States, Japan, Canada and the euro area as a whole, including France and now also Germany and Italy. In the United Kingdom, the CLI continues to point to easing growth.
Amongst major emerging economies, signs of growth gaining momentum are emerging in India. The CLI for Brazil continues to signal firming growth, which is now also the assessment for Russia. Stable growth momentum in anticipated in the industrial sector in China.
Stable growth momentum in the OECD area
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