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France CLI index: amplitude adjusted

France CLI index: amplitude adjusted stood at 100.66 in Sep 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 1962 to Sep 2026. The complete series with an interactive chart, free to download.

Source: OECD – Composite Leading Indicators (Main Economic Indicators)Last updated: Curated by Bui Thanh Phuc
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This indicator in the OECD composite leading indicator table

Indicator09-202608-202607-202606-202605-202604-202603-202602-202601-202612-2025
Composite leading indicator
CLI, amplitude adjusted100.66100.59100.51100.44100.4100.39100.42100.46100.48100.43
CLI, normalised100.58100.51100.45100.39100.35100.34100.37100.4100.42100.38

Understanding france CLI index: amplitude adjusted

This series measures the aggregate composite leading indicator after applying a mathematical transformation designed to match the amplitude of fluctuations observed in economic reference series. It captures potential turning points in economic activity by combining diverse underlying metrics such as financial variables, sentiment surveys, and short-term operational measures into a single index. Unlike the normalised variant, this calculation scales the variance to mirror the historical cyclical swings of national output, which prevents minor monthly jitters from appearing magnified and emphasizes substantial cyclical movements.

Interpreting this measure requires acknowledging that early index figures undergo routine revisions as incoming source data arrives from component contributors. Analysts should evaluate month-to-month changes cautiously because administrative updates, seasonal adjustments, and methodological refinements often alter preliminary readings. Comparing this amplitude-adjusted metric directly against unadjusted national accounts figures can mislead, as the indicator is specifically constructed to signal directional shifts ahead of official output statistics rather than replicate their exact monetary magnitude.

Frequently asked questions

What is the main purpose of the amplitude adjustment in this index?
It scales the variance of the indicator so that its cyclical swings match the typical amplitude of economic reference series.
How does this series differ from the normalised version?
While both share a long-term average baseline, this variant scales fluctuations to match historical economic cycles rather than standardizing variance alone.
Why do early estimates of this indicator often change in subsequent releases?
Initial figures incorporate provisional source data that get revised when comprehensive monthly reports from business and financial contributors arrive.

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