Economy

Composite Leading Indicators (CLIs), OECD, September 2012

 

OECD composite leading indicators point to a continued loss of momentum in most major economies


Download the entire news release (PDF 115 KB)

 

13/09/2012 - Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, show that the loss of momentum is likely to persist in the coming quarters in most major OECD and non-OECD economies.


In Italy, China, India and Russia the CLIs continue to point to a slowdown. For the Euro Area, France, and Germany the CLIs point to continued weak growth.


The CLIs for Japan and the United States show signs of moderating growth above trend, while in Canada the CLI continues to point to growth moderating below trend.


The CLIs for the United Kingdom and Brazil tentatively point to a pick-up in growth, but remain below trend.


The OECD Development Centre's Asian Business Cycle Indicators (ABCIs) suggest that ASEAN economies show overall resilience, though some signs of weakening are observed (Read more).

Moderating growth above trend 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
  

 

       
 

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Next publication date: 8 October 2012 - see the release calendar

 
 

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Contacts
For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or news.contact@oecd.org;  others should contact the Statistics Directorate on stat.contact@oecd.org.

 
 

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Link to previous news releases

 
 

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More information on leading indicators at www.oecd.org/std/cli
 

 

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