Send Print Tweet

OECD composite leading indicators continue pointing to slowdown in economic activity

Download the entire news release (PDF 115 KBDownload the entire news release (PDF 115 KB)

12/12/2011 - Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to a slowdown in economic activity in all major economies, but with some variation in the strength of the slowdown across countries.
The CLIs for Canada, China and the United States continue pointing to slowdowns in economic activity around long term trends but with only marginal declines compared to last month. The CLIs for Japan and Russia point to economic activity above long term trend, with a marginal slowdown for Russia, and a slightly stronger, but still moderate slowdown for Japan. In Brazil, France, Germany, India, Italy, the United Kingdom and the Euro area, as a whole, the CLIs continue pointing strongly to economic activity falling below long term trend.

• Link to historical data, graphs and methodological informationLink to historical data, graphs and methodological information
• FAQs     
• Glossary of Composite Leading Indicators
• OECD Business Cycle Analisys Database

The methodology used to compile OECD CLIs and reference series trend is described in the following document: "OECD system of Composite Leading Indicators".

For a better interpretation of OECD CLI consult the following document: Interpreting OECD Composite Leading Indicators (CLI).