13/05/2014 - Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to weakening growth in major emerging economies.CLIs point to growth below trend in Brazil, China and India, and to growth losing momentum in Russia.
For the OECD as a whole, and for the United States, Canada and Japan, CLIs point to stable growth momentum. The same is true for the United Kingdom, where the CLI indicates that the growth momentum is stabilising at above-trend rates.
In the Euro Area as a whole, and in Italy, CLIs continue to indicate a positive change in momentum. In Germany and France,CLIs point to stable growth momentum.
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