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Composite leading indicators point to stable growth momentum in the OECD area

 Stable growth momentum in the OECD area 

08/09/2016 - In July, the OECD CLI Press Release was suspended (see the note to journalists) for two months in order to accommodate incoming data that were able to capture changes in expectations and outturns in the United Kingdom and in other countries following the 23 June referendum in the UK.

Although there remains uncertainty about the nature of the agreement the UK will eventually conclude with the EU, the volatility in data that emerged in the weeks immediately following the referendum appears to have reduced. Assuming this remains the case for the next 6 months, the current assessment for the United Kingdom points to growth continuing to slow, before stabilising around a lower rate towards the end of the year



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