The Rising Influence of Rising Affluence

[ilpapa]

OECD report in FT. (CLI = composite leading indicator)



The CLIs continue to point to economic growth firming in the United States and the United Kingdom and to growth above trend in Japan.

In the euro area as a whole, and in France and Italy, the CLIs continue to indicate a positive change in momentum. In Germany, the CLI shows signs of firming growth.

In the emerging economies, the CLIs point to growth around trend in China, Brazil and Russia, and to growth below trend in India.