OECD – Unprecedented collapse in CLIs in most major economies

Composite leading indicators (CLIs) in most major economies collapsed by unprecedented levels in April as containment measures for Covid-19 continued to have a severe impact on production, consumption and confidence.

In China, however, where containment measures have already been eased, the CLI for the industrial sector is tentatively pointing towards a positive change in momentum, with April’s CLI and a large upward revision for March both pushing the CLI upwards. Some care is needed in interpretation, as only partial information is currently available for China in April.

In addition to the detailed statistical charts below, visit the interactive OECD Data Portal create your own charts with CLI data for more than 40 countries and area totals across varied time periods,