The composite leading indicator (CLI) of Iceland remained stable in December 2021, increasing from 99.51 in November to 99.52 in the following month. At the start of the Coronavirus (COVID-19) pandemic in early 2020 the CLI fell sharply from 98.85 in February, to 94.35 by May.
Composite leading indicator (CLI) in Iceland from January 2010 to December 2021
The source adds: "The composite leading indicator (CLI) is designed to provide early signals of turning points in business cycles showing fluctuation of the economic activity around its long term potential level. CLIs show short-term economic movements in qualitative rather than quantitative terms."
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OECD. (January 18, 2022). Composite leading indicator (CLI) in Iceland from January 2010 to December 2021 [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1284773/composite-leading-indicator-in-iceland/
OECD. "Composite leading indicator (CLI) in Iceland from January 2010 to December 2021." Chart. January 18, 2022. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1284773/composite-leading-indicator-in-iceland/
OECD. (2022). Composite leading indicator (CLI) in Iceland from January 2010 to December 2021. Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1284773/composite-leading-indicator-in-iceland/
OECD. "Composite Leading Indicator (Cli) in Iceland from January 2010 to December 2021." Statista, Statista Inc., 18 Jan 2022, https://www.statista.com/statistics/1284773/composite-leading-indicator-in-iceland/
OECD, Composite leading indicator (CLI) in Iceland from January 2010 to December 2021 Statista, https://www.statista.com/statistics/1284773/composite-leading-indicator-in-iceland/ (last visited December 04, 2024)
Composite leading indicator (CLI) in Iceland from January 2010 to December 2021 [Graph], OECD, January 18, 2022. [Online]. Available: https://www.statista.com/statistics/1284773/composite-leading-indicator-in-iceland/