Leading Indicators OECD: Leading indicators: CLI: Trend restored for Estonia
ESTLOLITOTRGYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.74
Year-over-Year Change
-108.56%
Date Range
2/1/1996 - 8/1/2022
Summary
The Leading Indicators OECD: Leading indicators: CLI: Trend restored for Estonia is a key economic metric that tracks the direction and momentum of the Estonian economy. It provides an early signal of turning points in economic activity, helping policymakers and analysts anticipate future economic conditions.
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: Trend restored for Estonia is a composite leading indicator designed to provide early signals of turning points in business cycles. It combines several individual indicators into a single index to gauge the overall trajectory of the Estonian economy.
Methodology
The data is collected and calculated by the Organization for Economic Co-operation and Development (OECD) using a standardized methodology across member countries.
Historical Context
This leading indicator is widely used by policymakers, economists, and market analysts to assess the current state and near-term outlook for the Estonian economy.
Key Facts
- The CLI for Estonia is based on 7 component indicators.
- Estonia joined the Eurozone in 2011.
- The CLI is designed to peak about 6-9 months before the business cycle peak.
FAQs
Q: What does this economic trend measure?
A: The Leading Indicators OECD: Leading indicators: CLI: Trend restored for Estonia measures the overall trajectory of the Estonian economy, providing an early signal of turning points in the business cycle.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator is widely used by policymakers, economists, and market analysts to assess the current state and near-term outlook for the Estonian economy, helping them anticipate future economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD using a standardized methodology to construct the composite leading indicator.
Q: How is this trend used in economic policy?
A: This leading indicator is used by policymakers, central banks, and other institutions to monitor the business cycle and inform economic policy decisions in Estonia and other OECD member countries.
Q: Are there update delays or limitations?
A: The Leading Indicators OECD data is published monthly, with a typical lag of 1-2 months from the reference period.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Estonia
LREM55MAEEA156N
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Estonia
LFWA64TTEEQ647N
Central government debt, total (% of GDP) for Estonia
DEBTTLEEA188A
Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Estonia
ESTFCSODCXDC
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 74 Years for Estonia
LREM74FEEEA156N
Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Estonia
LFEM64TTEEA657N
Citation
U.S. Federal Reserve, Leading Indicators OECD: Leading indicators: CLI: Trend restored for Estonia (ESTLOLITOTRGYSAM), retrieved from FRED.