Composite Leading Indicators (CLI), June 2017, OECD

Page created: Tuesday, 8 August 2017 16:11GMT

Press Release:  08 August 2017 - 3 Page(s)

Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend six to nine months ahead, continue to anticipate stable growth momentum in the OECD area as a whole.
The CLIs continue to point to stable growth momentum in Japan, Canada and the euro area as a whole. Stable growth momentum is now also expected in the United States and Italy, while in the United Kingdom the CLI confirms the tentative signs of easing growth flagged in last month’s assessment. Prospects of growth gaining momentum remain unchanged for Germany and France, as well as for China and Brazil.