MOSCOW, Nov 10 (PRIME) -- Russia’s Composite Leading Indicators (CLI), which measure economic activity, rose to 103.6 points in October from 103.2 points in September, the Organization for Economic Cooperation and Development (OECD) said in a report on Wednesday.
CLI is a leading indicator for the early signs of economic growth or decline for six to nine months ahead. It includes several indicators preceding changes in the macroeconomic figures and can be used as a short-term economic development forecast.
(71.2866 rubles – U.S. $1)
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