Composite Leading Indicators (CLI), OECD, January 2016


Composite leading indicators continue to point to stable growth momentum in the OECD area 

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11/01/2016 - Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue to point to stable growth momentum in the OECD area as a whole but to diverging patterns across major emerging economies.

The outlook is for stable growth momentum in the Euro area as a whole, particularly in Germany and Italy, as well asin Canada and Japan. In France, the CLI signals growth firming.

In the United Kingdom andthe United States, the CLIs point to easing growth, albeit from relative high levels.

Amongst the major emerging economies, the CLIs for China and Brazil confirm the tentative signs of stabilisation flagged in last month’s assessment. In Russia, the CLI anticipates growth losing momentum while the CLI for India signals firming growth.

Stable growth momentum in the OECD area

CLI, 500, 01/2016‌‌‌‌‌‌‌‌

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