France CLI annual growth: trend restored
France CLI annual growth: trend restored stood at 2.13% in May 2026, according to OECD – Composite Leading Indicators (Main Economic Indicators). It is one of the indicators in the OECD composite leading indicator table (Value · Monthly), with a complete series running from May 1963 to May 2026. The complete series with an interactive chart, free to download.
This indicator in the OECD composite leading indicator table
| Indicator | 09-2026 | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Composite leading indicator | |||||||||||
| CLI, trend restored, annual growth | 2.13 | 2.18 | 2.25 | 2.34 | 2.45 | 2.51 | |||||
| CLI, amplitude adjusted | 100.66 | 100.59 | 100.51 | 100.44 | 100.4 | 100.39 | 100.42 | 100.46 | 100.48 | 100.43 |
Understanding france CLI annual growth: trend restored
This measure calculates the percentage change over a twelve-month span of the trend-restored composite leading indicator, capturing the velocity of forward-looking economic momentum. It derives its figures from the trend-restored index, transforming monthly index levels into annual growth rates to smooth out transient volatility and highlight broader economic trajectories. Unlike index-level series that measure distance from a historical baseline, this growth rate variant focuses strictly on acceleration and deceleration patterns across consecutive annual intervals.
Interpreting this annual growth metric requires recognising that twelve-month comparisons introduce mathematical inertia, meaning current readings reflect developments from many months prior alongside recent shifts. Analysts must watch for base effects, where unusual economic conditions in the corresponding period of the previous year distort the current percentage change. When comparing this rate with monthly momentum indicators, observers should note that annual calculations naturally lag behind sudden inflection points in underlying economic activity.
Frequently asked questions
- What does this annual growth series measure exactly?
- It calculates the twelve-month percentage change of the trend-restored composite leading indicator.
- Why use an annual comparison instead of a month-on-month comparison here?
- Annual comparisons help filter out transient monthly volatility to reveal broader acceleration and deceleration trends.
- What is a major pitfall when reading this percentage change?
- Base effects from unusual conditions twelve months prior can distort the apparent strength of current economic momentum.