OECD composite leading indicators point to diverging growth patterns in major economies
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08/11/10 - OECD composite leading indicators (CLIs) for September 2010 point to diverging patterns of economic growth across major economies.
The CLIs show signs of continuing expansion in Germany, Japan, the United States and Russia, while pointing to a moderate downturn in Canada, France, India, Italy and the United Kingdom.
Steady expansion in the OECD area
Underlying data - Source: Composite Leading Indicators (Main Economic Indicators)
In July 2010, the OECD reviewed the CLI for 3 countries (China, India, Indonesia). In doing so, some component series have been dropped or replaced. As a consequence, chronology of turning points of the CLIs as well as component series have been revised. Download further details on the change (PDF).
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).
The next publication of the OECD's CLI will be on 13 December 2010.
Link to previous news releases
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OECD Main Economic Indicators (MEI)