OECD/Composite Leading Indicators (CLI)/10 April 2017
Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend six to nine months ahead, point to stable growth momentum in the OECD area as a whole.
The CLIs anticipate stable growth momentum in the euro area, particularly in France and Italy, and in Japan.
On the other hand, growth is expected to gain momentum in the United States, Canada, and Germany. In the United Kingdom, the CLI continues to point to tentative sign of growth gaining momentum, although uncertainty realted to Brexit remains.
Relevant Posts
- Lagarde, Christine, (2017), “Maintaining the Positive Momentum of the Global Economy”, iMFdirect, 14 March
- Composite Leading Indicators (CLI), OECD, January 2017/ 11 January 2017