Composite Leading Indicators (CLIs), OECD, January 2013


Composite leading indicators point to stabilising economic growth in most major economies

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14/01/2013 - Composite leading indicators (CLIs), designed to anticipate turning-points in economic activity relative to trend, show signs of stabilising economic outlook in most major economies.

In the United States and the United Kingdom, the CLI continues to point to economic growth firming. In China and India, signs of a turning point are more marked than in last month’s assessment.

The CLIs for Italy, Germany, France and the Euro Area as a whole point to a stabilisation in growth prospects. Likewise, in Brazil and Japan, tentative signs of stabilising growth are emerging.

On the other hand, the CLIs for Canada and Russia continue to signal weak growth prospects.

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: 11 February 2013 - see the release calendar



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