13/01/2014 - Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue to show signs of an improving economic outlook in most advanced economies.
The CLIs point to economic growth firming in Japan, the United States andthe United Kingdom. The CLI for Canada indicates a positive change in momentum.
In the Euro Area as a whole, and in France and Italy, the CLIs continue to indicate a positive change in momentum. In Germany, the CLI shows signs of firming growth.
In the emerging economies, the CLIs point to a tentative positive change in momentumin China, to growth around trend in Brazil and Russia, and to growth below trend in India.
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