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Global economic growth over the next six months

Global economic growth over the next six months

Classification:
Industry News
Author:
Source:
2018/01/06 16:58

The OECD (organization of economic cooperation and development), released in September monthly composite leading indicator (Compositeleadingindicators, CLIs), according to the United States, Japan, the euro zone, Germany, and the future short-term growth in the OECD as a whole stable.

Of CLIs, according to a Canadian short-term growth is on the rise, growth is slowing, Italy will face more severe weak growth trend.

In the main emerging market economies, China, Russia and Brazil's short-term growth will continue to rebound, India will maintain strong growth.

The OECD based on a series of leading the industry in the economic cycle index compiled monthly composite leading indicator, the characteristic of 6 ~ 9 months used to predict the future of economic turning point.

CLIs display inflection point usually leading economic activities of the inflection point about six months. Coordinates of 100 horizontal said the trend of the economic activity; Solid triangle has been proved a turning point; Hollow triangle said temporary inflection point can be modified in the future.

After the British withdrew the uncertainty on the impact of the indicators, CLIs index not released in August.

 

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