Composite Leading Indicators (CLI), OECD, November 2016


Composite leading indicators continue to point to stable growth momentum in the OECD area with growth gaining momentum in major emerging economies

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09/11/2016 - Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to stable growth momentum in the OECD area as a whole but to improving growth momentum in major emerging economies.

Stable growth momentum is anticipated in the United States, Japan and the euro area as a whole, including France and Italy. Stable growth momentum is also expected over the short-term in the United Kingdom, though uncertainty persists about the nature of the agreement the UK will eventually conclude with the EU. In Germany and in Canada, the CLIs indicate growth gaining momentum.

Among major emerging economies, the CLIs point to growth gaining momentum in China and India, and also Brazil and Russia, albeit from low levels. 

Stable growth momentum in the OECD area


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