Leading indicators and tendency surveys

Composite Leading Indicators (CLIs), OECD, January 2012

 

OECD composite leading indicators continue pointing to slowdown in economic activity in most major economies

 

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12/01/2012- Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue pointing to a slowdown in activity in most OECD countries and major non-member economies.

The assessment is little changed compared to last month for most countries, but the CLIs for Japan, United States and Russia are showing stronger signs of a positive change in momentum and remain above long-term trend. The CLI for China has deteriorated since last month and is pointing to a slowdown in economic activity towards long-term trend. For other major economies and the Euro area, the CLIs continue pointing to slowdowns.

Slowdown in the OECD area

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".

For a better interpretation of OECD CLI consult the following document: Interpreting OECD Composite Leading Indicators (CLI).

 

 

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Next publication date: 13 February 2012 - see here the 2011 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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Link to previous news releases

 
 

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

 

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