Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for the Slovak Republic
SVKLOLITOAASTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.83
Year-over-Year Change
-1.44%
Date Range
9/1/1993 - 11/1/2022
Summary
The Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for the Slovak Republic tracks a composite index that forecasts economic conditions in Slovakia.
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
This leading economic indicator combines various measures, such as consumer confidence, industrial production, and stock prices, to provide an early signal of the business cycle in Slovakia. Economists and policymakers use it to anticipate changes in the broader Slovak economy.
Methodology
The OECD collects and aggregates this data from multiple government and private sources.
Historical Context
Trends in this leading indicator help inform monetary and fiscal policy decisions in Slovakia.
Key Facts
- The indicator has a long history dating back to 1960.
- It is one of the OECD's 33 composite leading indicators for member countries.
- The indicator is adjusted for seasonal and cyclical variations.
FAQs
Q: What does this economic trend measure?
A: This leading indicator tracks a composite index that forecasts economic conditions in Slovakia by combining measures like consumer confidence, industrial production, and stock prices.
Q: Why is this trend relevant for users or analysts?
A: Trends in this leading indicator help inform monetary and fiscal policy decisions in Slovakia, as it provides an early signal of the business cycle.
Q: How is this data collected or calculated?
A: The OECD collects and aggregates this data from multiple government and private sources.
Q: How is this trend used in economic policy?
A: Economists and policymakers in Slovakia use this leading indicator to anticipate changes in the broader Slovak economy and inform their policy decisions.
Q: Are there update delays or limitations?
A: The OECD publishes this leading indicator on a monthly basis, with some potential for minor delays in data availability.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for the Slovak Republic (SVKLOLITOAASTSAM), retrieved from FRED.