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OECD CLI Indicate Growth May Be Slowing in Europe, Stable Elsewhere
The Organization for Economic Cooperation and Development (OECD) in April 2022 published its latest Composite Leading Indicators (CLI), based on data available up to March 2022. CLIs are designed to anticipate turning points in economic activity relative to long-term trends. The newest numbers point to growth losing momentum in Europe, but a stable growth in other major OECD economies. In Europe (U.K. and the Euro area) the lower growth