OECD: Russia’s economic activity rises to 104.6 in November

MOSCOW, Dec 9 (PRIME) -- Russia’s Composite Leading Indicators (CLI), which measure economic activity, rose to 104.6 points in November from 104.3 points in October, the Organization for Economic Cooperation and Development (OECD) said in a report on Thursday.

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.

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