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The OECD system of composite leading indicators (CLIs), developed in the 1970s, has been the subject of a methodological review to ensure that it maintains its position as an effective leading indicator of business cycles and economic activity. This document provides detailed information about this new methodology.
National Accounts at a Glance presents information using an "indicator" approach, focusing on cross-country comparisons. The aim being to make the national accounts more accessible and informative, whilst, at the same time, taking the opportunity to present the conceptual underpinning of, and comparability issues inherent in, each of the indicators presented.
The range of indicators reflects the richness inherent in the national accounts dataset and encourages users to refocus some of the spotlight that is often placed on gross domestic product (GDP) to other economic important indicators, which may better respond to their needs. The publication is broken down into eight key chapters, and provides indicators related to GDP, income, disposable income, expenditure, production, household, government, corporations and capital respectively.
OECD unemployment increases to 7.6% in February 2014
Composite leading indicators point to weakening growth in most major emerging economies but continued positive growth prospects in OECD countries
Unwinding of stocks slows OECD GDP growth to 0.5% in the fourth quarter of 2013
OECD annual inflation slows to 1.4% in February 2014
Unit labour costs (ULCs) in the OECD area increased marginally (by 0.1%) in the fourth quarter of 2013, following two successive quarters of stability.
Quarterly Gross Domestic Product (GDP) in the G20 area grew by 0.8% in the fourth quarter of 2013, down from 0.9% in the previous quarter, according to preliminary estimates.
The OECD unemployment rate was stable at 7.6% in January 2014.
OECD annual inflation increases slightly to 1.7% in January 2014