OECD CLI for Poland falls in July

The Composite Leading Indicator (CLI) for Poland fell by 0.07 points m/m and amounted to 100 points in July 2016, according to data from the Organization for Economic Co-operation and Development (OECD). In annual terms, the indicator fell by 0.71 points. The composite leading indicator (CLI) 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.