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Daily News

OECD Indicators: Expansion Continues
Mar 25, 2011
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OECD Indicators:

Composite leading indicators (CLIs) for January 2011 continue pointing to expansion in most OECD countries.

The CLIs for Germany, Japan, and the United States continue pointing to robust expansion relative to trend.

OECD noted signs of regained growth momentum in the CLIs for France and Canada.

The CLI for the United Kingdom points to a slow but stable pace of expansion.

The CLI for Italy continues pointing to a moderate downturn.

The CLI for China continues pointing to the possibility of a moderate downturn.

The CLI for Brazil remains near its long-term potential.

The CLI for India continues pointing to a slowdown relative to trend.

The CLI for Russia continues pointing to expansion.

The OECD Development Centre’s new Asian Business Cycle Indicators (ABCIs) suggest that ASEAN economies are likely to maintain growth momentum.

OECD (Organisation for Economic Co-operation and Development) composite leading indicators (CLIs) are designed to anticipate turning points in economic activity. OECD designations:

OECD-Total covers these 29 countries:
• Australia
• Austria
• Belgium
• Canada
• Czech Republic
• Denmark
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Japan
• Korea
• Luxembourg
• Mexico
• Netherlands
• New Zealand
• Norway
• Poland
• Portugal
• Slovak Republic
• Spain
• Sweden
• Switzerland
• Turkey
• United Kingdom
• United States

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