Composite Leading Indicators (CLI), OECD, September 2019

Growth continues to ease in largest OECD economies

Download the entire news release (PDF 115 KB)

09/09/2019 – Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend six to nine months ahead, continue to anticipate easing growth momentum in the United States and the euro area as a whole, particularly in Germany.

The CLIs continue to signal stable growth momentum in the OECD area as a whole, France, and Canada. In the United Kingdom, for which large margins of error persist due to Brexit uncertainty, the assessment remains for stable growth momentum, albeit around historically low trend growth rates. In Japan and Italy, the CLIs continue to point to stabilising growth momentum.

Among major emerging economies, stable growth momentum remains the assessment for Brazil, Russia and China (for the industrial sector). However, signs of easing growth momentum are emerging in India, driven by the sharp decline in the automotive industry.

Stable growth momentum in the OECD area


Access data:

Do you need help with our data? Please consult:

Watch also our short video explaining how

the Composite Leading Indicators are compiled

/Public Release. The material in this public release comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here.