OECD composite leading indicators continue to signal expansion in economic activity
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05/03/10 - OECD composite leading indicators (CLIs) in January 2010 continue to signal an improvement in economic activity for the G7 countries although only marginally more so than in the assessment for December. The CLIs for Brazil and India point to a recovery, which may nevertheless lose momentum. By contrast, economic activity is projected to continue to expand in China and Russia.
Underlying data - Source: Composite Leading Indicators (Main Economic Indicators)
In February 2010, the OECD reviewed the CLI for 8 countries (Brazil, China, Indonesia, Ireland, Korea, the Slovak Republic, Switzerland, the Russian Federation). In doing so, some component series have been dropped or replaced. As a consequence, chronology of turning points of the CLIs as well as component series have been revised. Download further details on the change (PDF).
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).
The next publication of the OECD's CLI will be on 12 April 2010.
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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.
OECD Main Economic Indicators (MEI)