12/06/2017 – Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend six to nine months ahead, continue to point to stable growth momentum in the OECD area as a whole.
The CLIs continue to point to stable growth momentum in the United States, Japan,the United Kingdom,andthe euro area as a whole,includingin France and Italy. Stable growth momentum is now also expected in Canada, compared to last month’s assessment of growth gaining momentum.
In Germany the CLI continues to point to growth gaining momentum.
Amongst major emerging economies, the CLIs continue to point to growth gaining momentum in Brazil and Russia and stable growth momentum in China and India..
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