Independent journal on economy and transport policy
06:34 GMT+1
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It continues, with slower pace, the recovery in the OECD's post-Covid economies
The outlook for the Italian economy is more attenuated
August 10, 2020
After the strong rise last June, in July the Composite Leading Indicator (CLI), the indices defined by the Organization for Economic Cooperation and Development (OECD) to offer a short-term forecasting indication of the points of turning point of the economic cycles, have shown in all economies a continuation of the growth phase compared to the lows recorded at the height of the crisis triggered by the Covid-19 pandemic, even though the CLIs have experienced an inevitable and general slowdown from the recovery in the previous month. However, the OECD said the indices remain below the long-term trend and at a lower level than before the start of the health crisis.
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After the strong rise last June, in July the Composite Leading Indicator (CLI), the indices defined by the Organization for Economic Cooperation and Development (OECD) to offer a short-term forecasting indication of the points of turning point of the economic cycles, have shown in all economies a continuation of the growth phase compared to the lows recorded at the height of the crisis triggered by the Covid-19 pandemic, even though the CLIs have experienced an inevitable and general slowdown from the recovery in the previous month. However, the OECD said the indices remain below the long-term trend and at a lower level than before the start of the health crisis. 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
