11/02/2013 - Composite leading indicators (CLIs), designed to anticipate turning-points in economic activity relative to trend, show diverging growth patterns in the economic outlook of major economies.
In the United States and the United Kingdom, the CLIs continue to point to economic growth firming but in the United Kingdom the signs are slightly weaker compared to last month's assessment.
In Japan and Brazil, signs of growth picking up are emerging.
In the Euro Area as a whole, and in particular in Italy and Germany, the CLIs point to a stabilisation in growth prospects; however in France growth is expected to remain weak.
In China and India, the CLIs point to growth below trend compared with more positive signals in last month's assessment. In Canada and Russia the CLIs continue to point to growth below trend.
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