Leading indicators and tendency surveys

Composite Leading Indicators (CLI), OECD, August 2014


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

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11/08/2014 - Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue to point to stable growth momentum in the OECD area as a whole.

The CLIs for the United States and Canada also continue to point to stable growth momentum. This is the case for the United Kingdom as well, where the growth momentum remains above-trend rates. The CLI for Japan points to an interruption in the growth momentum although this probably reflects one-off factors.

In the Euro Area as a whole and in France, the CLIs point to stable growth momentum.  In Germany, the CLI suggests growth losing momentum, whereas in Italy the CLI continues to indicate a positive growth momentum.

For the major emerging economies, the CLIs indicate growth around trend in China and Russia and below trend in Brazil, while the CLI for India points to growth gaining momentum. 

Stable growth momentum in the OECD area


Access data:

Composite Leading Indicators database


Tables and graphs (PDF)  of CLI and reference series for 33 OECD member countries and 6 major non-member economies.


 Do you need help with our data? Please consult:

Methodological information
Glossary for Composite Leading Indicators and Business Tendency Surveys
OECD Business Cycle Analisys Database 


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Next publication date: 8 September 2014 - see the release calendar



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Link to previous news releases



More information on leading indicators at www.oecd.org/std/cli


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