OECD composite leading indicators point to easing in the pace of economic activity in major economies
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09/07/2012 - Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to an easing of economic activity in most major OECD economies and a more marked slowdown in most major non-OECD economies.
The CLIs for Japan, the United States and Russia remain above long term trend but continue to point to dissipating momentum, especially in the case of Russia.
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Moderating growth expected in the OECD area
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Underlying data - Source: OECD Composite Leading Indicators Database
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The methodology used to compile OECD CLIs and reference series trend is described in the following document: "OECD system of Composite Leading Indicators".
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