Signs are pointing toward a gradual economic slowdown in South Korea. <br />According to the OECD on Monday, the composite leading indicator for South Korea marked 99-point-two for July,… zero-point-two point lower than the previous month. <br /> The indicator is used by the OECD to predict a country's economic conditions six to nine months in the future. <br />The assessment is based on the performance of the nation's benchmark KOSPI and reports released by Bank of Korea and Statistics Korea. <br />A reading below 100 means an economy is in a downtrend.<br />South Korea's CLI has been falling for 16 months in a row now. <br />
