OECD CLI for Poland inches down in November

The Composite Leading Indicator (CLI) for Poland decreased by 0.02 percentage points m/m in November to 99.34 points. In y/y terms, the indicator decreased by 0.96 pps, according to OECD data.

The composite leading indicator is designed to provide early signals of turning points in business cycles showing fluctuations in economic activity around its long-term potential level. CLIs show short-term economic movement in qualitative rather than quantitative terms. The 100 point level is the long-term average indicator.

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