OECD's CLI for Poland inches up to 100.29pts in November.

By bne IntelliNews January 15, 2013
The OECD Composite Leading Indicator (CLI) for Poland inched up to 100.29pts in November from 100.16pts a month ago, according to OECD's data. In November of 2011, the indicator was 100.38pts. CLIs, designed to anticipate turning-points in economic activity relative to trend, show signs of stabilising economic outlook in most major economies, according to the organization's press release. It points to growth firming in the OECD area (with the CLI at 100.23pts in November) and stabilising growth in the euro area (with the CLI at 99.47pts in November).

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