Composite Leading Indicators (CLIs), OECD, November 2012


Composite leading indicators point to stabilising growth in the OECD area

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12/11/2012 - Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue to point to weak growth prospects in many major economies, but signs of stabilisation are emerging in Canada, China and the United States. Compared to recent months where the CLI has pointed to a deteriorating outlook, tentative signs of stabilisation are also emerging in Italy.

The CLIS for Japan, Germany, France and the Euro Area as a whole continue to point to weak growth. In India and Russia the CLIs also continue to point to weak growth.

The CLIs for the United Kingdom and Brazil continue to point to a pick-up in growth.

Stabilising growth 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: 10 December 2012 - see the release calendar



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