10/06/2014 - Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue to suggest that the growth momentum is weakening in most major emerging economies.CLIs point to growth below trend in Brazil, China and Russia. Nevertheless, the CLI tentatively indicates a positive turning point in India, suggesting a return to faster growth.
For the OECD as a whole, and for the United States and Canada, CLIs point to stable growth momentum. The same is true for the United Kingdom, where the growth momentum is stabilising at above-trend rates. The CLI for Japan points to a disruption in its growth momentum although this may reflect one-off factors.
In the Euro Area as a whole, and in Italy, CLIs continue to indicate a positive change in momentum. In Germany and France,CLIs point to stable growth momentum.
Contacts For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or firstname.lastname@example.org; others should contact the Statistics Directorate on email@example.com.