14/01/2013 - Composite leading indicators (CLIs), designed to anticipate turning-points in economic activity relative to trend, show signs of stabilising economic outlook in most major economies.
In the United States and the United Kingdom, the CLI continues to point to economic growth firming. In China and India, signs of a turning point are more marked than in last month’s assessment.
The CLIs for Italy, Germany, France and the Euro Area as a whole point to a stabilisation in growth prospects. Likewise, in Brazil and Japan, tentative signs of stabilising growth are emerging.
On the other hand, the CLIs for Canada and Russia continue to signal weak growth prospects.
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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