The OECD unemployment rate was stable at 7.9% in September 2013. Across the OECD area, 47.9 million persons were unemployed, 0.1 million less than in August 2013, but still 13.2 million more than in July 2008.
Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, signal improvements in growth in most major OECD countries and also possibly in China.
OECD annual inflation slows to 1.5% in September 2013. This slowdown in the annual rate of inflation was mainly driven by lower food and energy prices.
The OECD area employment rate was 65.1% in the second quarter of 2013, 0.1 percentage point higher than in the previous quarter. This was still 1.4 percentage points below the level recorded in the second quarter of 2008, the quarter preceding the start of the global financial crisis.