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S. Korea data for November indicate optimism for economy: OECD

2020-12-13 16 Dailymotion

한국 OECD 경기선행지수 8개월째 상승…넉달째 확장국면<br /><br />In a sign of an emerging economic recovery, South Korea's composite leading indicator, or CLI, has risen for an eighth consecutive month.<br />The CLI indicates the direction of the economy for the next six to nine months.<br />The figure for November, compiled by the OECD, came to 1-hundred-1-point-2, an increase from the month before of point-3-2 percent.<br />Among the 32 countries in the OECD, only South Korea and Norway have seen consecutive monthly increases since March.<br />Only a few other countries had CLIs over a hundred, indicating optimism, and the only ones with a figure equal to Korea's higher than Korea's... were Chile, Turkey and Switzerland.<br /><br />

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