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.
Annual inflation in the G20 area was 3.0% in the year to August 2013, down from 3.2% in the year to July 2013.