The OECD’s Composite Leading Indicators (CLI), designed to anticipate turning points in economic activity relative to its trend, show a stable growth dynamic across the OECD area as a whole.
In France, the CLI indicates a consolidation of growth.
A stable growth dynamic is anticipated in Japan, Canada, and the euro area as a whole, notably in Germany and Italy.
The leading indicators for the United Kingdom and the United States signal a slowdown in growth, although starting from relatively high levels.
Among the major emerging economies, signs of stabilization appear to be emerging in China and Brazil, while a consolidation of growth is anticipated in India.
In Russia, the leading indicator once again signals weak growth.
