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OECD's main economic indicator points to downturn in S. Korean economy

2018-05-13 1 Dailymotion

Data from the OECD suggest South Korea's economy is showing signs of a downturn.<br />The OECD's Composite Leading Indicators, or CLI, came to 99-point-8 in February, the first time the figure's fallen below 100 since September 2014.<br />The CLI reflects short-term fluctuations in the economy and is likely to be followed by the business cycle.<br />Korea's CLI, in contrast to other OECD countries,... has been falling for nine months straight.<br />They broke above 100, on average, in April last year.<br />And the G7 countries this February climbed to 100-point-1. <br />

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