CLI for Poland falls by 0.81% y/y in May – OECD

The Composite Leading Indicator (CLI) for Poland in May 2019 fell by 0.81 percent y/ y, did not change m/m and amounted to 99.30 points, the Organization for Economic Co-operation and Development (OECD) said on Monday. The level of 100.00 points represents the long-term average of the indicator. The CLI is ahead of business cycles. The OECD wants the shift to amount to 6-9 months.

(PAP)