Leading indicators and tendency surveys

Composite Leading Indicators (CLIs), OECD, December 2012

 

Composite leading indicators point to diverging patterns across major economies


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10/12/2012 - Composite leading indicators (CLIs), designed to anticipate turning-points in economic activity relative to trend, show diverging patterns across major economies.

The CLIS for Canada, Japan, Russia, Germany, France and the Euro Area as a whole continue to point to weak growth. In Brazil tentative signs have emerged that the positive growth momentum predicted in recent months is dissipating.

In China and Italy, on the other hand, signs of turning points in the cycle are beginning to emerge. Tentative signs of a stabilisation in growth have also emerged in India.

In the United States and the United Kingdom, where consumer confidence picked up strongly last month, the CLI continues to point to economic growth firming.

Stabilising growth in the OECD area

CLI500, 12/2012

Underlying data - Source: OECD Composite Leading Indicators Database

 The methodology used to compile OECD CLIs and reference series trend is described in the following document: "OECD system of Composite Leading Indicators".

 

Watch also our short video explaining how
the Composite Leading Indicators are compiled
  

 

       
 

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Next publication date: 14 January 2013 - see the release calendar

 
 

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Contacts
For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or news.contact@oecd.org;  others should contact the Statistics Directorate on stat.contact@oecd.org.

 
 

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

 

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