Composite Leading Indicators (CLIs), OECD, April 2013


Composite leading indicators point to growth picking up in most major economies

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10/04/2013 - Composite leading indicators (CLIs), designed to anticipate turning-points in economic activity relative to trend, point to growth picking up in most major economies.

In the United States and Japan, the CLIs continue to point to economic growth firming. The CLI for China   provides a more positive outlook compared with last month’s assessment, with the CLI now pointing towards growth picking up.

In the Euro Area as a whole, and in particular in Germany, the CLIs continue to indicate a pick-up in growth.  The CLIs point to no further decline in growth in France and to a positive change in momentum in Italy.

The CLIs for the United Kingdom, Canada, Brazil and Russia point to growth close to trend rates while the CLI for India indicates weakening growth.

Growth firming in the OECD area


Underlying data - Source: OECD Composite Leading Indicators Database

 The methodology used to compile OECD CLIs and reference series trend is described in the following document: "OECD system of Composite Leading Indicators".


Watch also our short video explaining how
the Composite Leading Indicators are compiled




Next publication date: 14 May 2013 - see the release calendar



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