THE Composite Leading Indicators (CLIs) of OECD for India continues to point out
a slowdown.
The CLI for China
points to a possible moderation in economic activity. For Brazil the CLI
indicates that economic activity should remain near its long-term potential. The
CLI for Russia continues pointing to expansion.
CLIs continue
pointing to robust expansion relative to trend in Germany and the United States
and a possible regained momentum in France and Canada. The CLI for the
United Kingdom points to a slow but stable pace of expansion. The CLI for Italy
points to a loss of momentum in economic activity.
|
