Leading indicators and tendency surveys

Composite Leading Indicators (CLIs), OECD, October 2012


OECD composite leading indicators point to weakening growth in most major economies

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08/10/2012 - Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, show that most major economies will continue to see weakening growth in the coming quarters.

The CLIs for the United States and Japan continue to show signs of moderating growth while in Canada the CLI points to weak growth.

In Germany, France, Italy and the Euro Area as a whole, the CLIs point to continued weakening growth.

In China, the CLI points to soft growth, but tentative signs are emerging that the recent deterioration in the short-term outlook may have stabilised. In India and Russia, the CLIs continue to point to weak growth.

The CLIs for the United Kingdom and Brazil continue to point to a pick-up in growth..

Moderating growth 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".


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




Next publication date: 12 November 2012 - see the release calendar



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.



Link to previous news releases



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


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