Leading Economic Indicators Point to Growth: OECD

Leading economic indicators suggest that growth is set to continue in the world's biggest economies, the OECD said on Friday.

The OECD composite leading indicator (CLI) increased by 0.2 percent to 109.7 in October from 109.5 in September, the Organisation for Economic Cooperation and Development said.

The CLI summarises information from a number of key short-term economic performance indicators and provides early signals of turning points between expansions and slowdowns in activity.

Source: AFP

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