Leading Indicators OECD: Leading indicators: CLI: Normalised for the Slovak Republic
SVKLOLITONOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.64
Year-over-Year Change
-0.90%
Date Range
9/1/1993 - 11/1/2022
Summary
The Leading Indicators OECD: Leading indicators: CLI: Normalised for the Slovak Republic measures economic conditions and helps forecast future trends in the Slovak 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
This economic indicator is part of the Composite Leading Indicators (CLI) system developed by the OECD to anticipate turning points in economic activity. It provides an early signal of the state of the Slovak economy and is used by policymakers and analysts to monitor the business cycle.
Methodology
The data is collected and calculated by the OECD using a standardized methodology across member countries.
Historical Context
This leading indicator is closely watched by policymakers, investors, and economists to assess the health of the Slovak economy.
Key Facts
- Measures economic conditions in the Slovak Republic.
- Provides an early signal of turning points in the business cycle.
- Used by policymakers and analysts to monitor the state of the economy.
FAQs
Q: What does this economic trend measure?
A: This indicator measures economic conditions and helps forecast future trends in the Slovak economy.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator is closely watched by policymakers, investors, and economists to assess the health of the Slovak economy and anticipate turning points in economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD using a standardized methodology across member countries.
Q: How is this trend used in economic policy?
A: This leading indicator is used by policymakers, investors, and economists to monitor the state of the Slovak economy and inform decision-making.
Q: Are there update delays or limitations?
A: The OECD publishes the Leading Indicators data on a regular basis, but there may be some delays or limitations in the availability of the latest data.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Leading indicators: CLI: Normalised for the Slovak Republic (SVKLOLITONOSTSAM), retrieved from FRED.