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The recent economic and financial crisis has increased the spotlight on the OECD’s CLI and indeed broadened its base of users beyond its traditional specialised audience. To respond to the needs of this broader base, the OECD has decided to produce this note that provides a more accessible and less technical explanation of the CLI and the ways in which it should be interpreted.
CLIs continue to strengthen but at a slowing pace
OECD CLIs continue to strengthen from crisis-low in all major economies
OECD CLIs begin to recover from crisis-lows but remain below long-term trends
OECD Composite Leading Indicators
Unprecedented collapse in CLIs in most major economies
OECD CLIs show biggest monthly drop on record in most major economies
The release of the OECD Composite leading indicators (CLIs), originally scheduled for 9 March 2020, has been cancelled. The next release will be 8 April 2020.
CLIs point to stable, though below-trend, growth momentum in the OECD area, but do not yet reflect the potential negative impact of the novel coronavirus outbreak
Growth stabilising in most advanced economies