OECD indicator for Poland inches down

The Composite Leading Indicator (CLI) for Poland amounted to 100. 78 points in July 2015, compared with 100.83 points in July, according to data from the Organisation for Economic Co-operation and Development (OECD). In July 2014 the CLI was at 100.3. The CLI for the euro zone inched down to 100.69 points in July from 100.7 in June. The indicator calculated for all OECD countries amounted to 100 points in July compared with 100.7 points in June. The OECD uses the indicator to forecast economic cycles six to nine months in advance.