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08/06/2016 - Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue to point to stable growth momentum in the OECD area as a whole.
Stable growth momentum remains the outlook for Canada and the euro area as a whole, including Germany and France, and is now also expected in Japan with similar signs emerging in the United States.
In the United Kingdom and in Italy, the CLIs continue to point to easing growth.
Amongst major emerging economies, CLIs for Brazil and Russia confirm the signs of positive change in growth momentum flagged in last month’s assessment, and continue to point to stable growth momentum in China and firming growth in India.
Stable growth momentum in the OECD area |
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