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OECD composite leading indicators give stronger signals of an expansion in economic activity

News release: “OECD composite leading indicators (CLIs) for December 2009 provide stronger signals of an expansionary economic outlook than last month. CLIs for the G7 economies as well as China, India, Russia and Brazil, are now all close to, or above, their long term trends. In all these countries, industrial production – the underlying reference series for the CLIs – has now reached its trough.”

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