OECD’s indicator for Poland inches down in January

The Composite Leading Indicator (CLI) for Poland amounted to 100.50 points in January 2015, a decline of 0.2 points compared with January, according to data from the Organisation for Economic Co-operation and Development (OECD). In January 2104 the CLI was at 100.3. The CLI for the euro zone inched up to 100.7 points in January from 100.6 in December. The indicator calculated for all OECD countries amounted to 100.56 points in January compared with 100.51 points in December. The OECD uses the indicator to forecast economic cycles six to nine months in advance.