Leading Indicators OECD: Leading indicators: CLI: Normalised for Estonia
ESTLOLITONOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.36
Year-over-Year Change
-1.76%
Date Range
1/1/1995 - 11/1/2022
Summary
The Leading Indicators OECD: Leading indicators: CLI: Normalised for Estonia measures the cyclical behavior of the Estonian economy. This key economic indicator is used by policymakers and analysts to anticipate turning points and monitor the overall health of the economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Leading Indicators OECD: Leading indicators: CLI: Normalised for Estonia is a composite leading indicator that provides early signals of turning points in business cycles. It is part of the OECD's suite of composite leading indicators designed to anticipate fluctuations in economic activity.
Methodology
The data is collected and calculated by the OECD based on a variety of economic variables.
Historical Context
This leading indicator is closely watched by Estonian policymakers, central bankers, and economic analysts to inform decisions and assess the near-term economic outlook.
Key Facts
- The CLI is normalized to have an average value of 100.
- Values above 100 suggest expansion, while values below 100 indicate contraction.
- The indicator leads the business cycle by several months.
FAQs
Q: What does this economic trend measure?
A: The Leading Indicators OECD: Leading indicators: CLI: Normalised for Estonia measures the cyclical behavior of the Estonian economy and provides early signals of turning points in its business cycle.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator is closely watched by policymakers, central bankers, and analysts to inform decisions and assess the near-term economic outlook for Estonia.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on a variety of economic variables.
Q: How is this trend used in economic policy?
A: The Leading Indicators OECD: Leading indicators: CLI: Normalised for Estonia is used by Estonian policymakers and central bankers to monitor the health of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: There may be some delays in the publication of the latest data, as it is collected and compiled by the OECD.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Leading indicators: CLI: Normalised for Estonia (ESTLOLITONOSTSAM), retrieved from FRED.