Composite Leading Indicators (CLI), OECD, April 2019

CLIs continue to signal easing growth momentum in most major economies

2019-04-09

Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend six to nine months ahead, continue to point to easing growth momentum in most major economies.

CLI500-04-19_0.png

The CLIs continue to anticipate easing growth momentum in the United States, Japan, Canada, the United Kingdom and the euro area as a whole, including Germany and Italy.

In France, the CLI now points to stabilising growth momentum.

Among major emerging economies, the CLI for India continues to anticipatestable growth momentum, with similar signs emerging for the industrial sector in China. In Brazil, growth gaining momentum remains the assessment while in Russia the CLI continues to point to easing growth momentum.

Source: Organisation for Economic Co-operation and Development