OECD's CLI for Poland inches up to 100.37pts in December.

By bne IntelliNews February 12, 2013
The OECD Composite Leading Indicator (CLI) for Poland inched up to 100.37pts in December of 2012 from 100.23pts a month before, according to OECD's data. In December of 2011, the indicator was 100.43pts. CLIs, designed to anticipate turning-points in economic activity relative to trend, show diverging growth patterns in the economic outlook of major economies, according to the organization's press release. It points to growth firming in the OECD area (with the CLI at 100.36pts in December vs. 100.25pts a month before) and its stabilisation in the euro area (with the CLI at 99.56pts and 99.47pts, respectively) - in particular in Italy and Germany.

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