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Global leading indicator still positive

Posted on Tuesday, March 10, 2015 at 05:05PM by Registered CommenterSimon Ward | CommentsPost a Comment

The OECD this week released January country leading indicator data, allowing an update of the derived global* leading indicator tracked here. This moved sideways in January following a solid December gain, suggesting that the recent upswing in global industrial output growth will continue through mid-year, at least – see chart.

*”Global” = G7 major countries plus seven large emerging economies (“E7”).

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