OECD composite leading indicators continue pointing to slowdown in economic activity in most major economies
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12/01/2012- Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue pointing to a slowdown in activity in most OECD countries and major non-member economies.
The assessment is little changed compared to last month for most countries, but the CLIs for Japan, United States and Russia are showing stronger signs of a positive change in momentum and remain above long-term trend. The CLI for China has deteriorated since last month and is pointing to a slowdown in economic activity towards long-term trend. For other major economies and the Euro area, the CLIs continue pointing to slowdowns.
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Slowdown in the OECD area
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Underlying data - Source: OECD Composite Leading Indicators Database
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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).
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