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News Release
OECD composite leading indicators (CLIs) for December 2009 provide stronger signals of an expansionary economic outlook than last month.
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Consumer prices in the OECD area rose by 1.9% in the year to December 2009, compared with a rise of 1.3% in November 2009.
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Merchandise trade volumes of the Group of seven (G7) countries grew in third quarter of 2009 after stabilising in the second but were still were significantly below the levels of 2008.
The unemployment rate for the OECD area was 8.8% in November 2009, the same as the previous month and 2.1 percentage points higher than a year earlier.
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OECD composite leading indicators (CLIs) for November 2009 provide stronger signals of recovery than in last month's assessment.
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