CLI for Poland in September down by 0.87% y/y – OECD

The leading Composite Leading Indicator (CLI) for Poland in September 2019 fell by 0.87 percent y/y, and m/m fell by 0.09 to 98.98 points, the Organization for Economic Cooperation and Development (OECD) said on Tuesday. Level 100.00 points is the long-term average of the indicator.

Composite Leading Indicator is an indicator prepared by the OECD. It is intended for early indication of turning points in the business cycle in a given country, however, as OECD reserves, not for quantitative forecasts. 

(PAP)