OECD CLI remains unchanged in April

The Composite Leading Indicator (CLI) for Poland remained unchanged in April and stood at 99.89 points. In y/y terms it dropped by 0.38 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. The 100 point level is the long-term average indicator.