- Policy and short-term interest rates
Central bank policy rates for the UK, US and euro area, and 3-month market rates for Japan and China, where the OECD publishes no policy rate.
- 10-year government bond yields
10-year government bond yields: gilts, Treasuries, the euro area AAA curve, each euro member’s Maastricht convergence yield, JGBs and Chinese government bonds.
- Consumer price inflation
Annual consumer price inflation. Each economy uses its headline measure: CPI in the UK and US, the harmonised HICP in the euro area and its members, and IMF and OECD CPI series for Japan and China.
- GDP growth, quarter on quarter
Real GDP growth on the previous quarter. US GDP is published as an annualised rate and converted here to a quarterly rate so it compares with the others.
- Unemployment rate
The unemployment rate, seasonally adjusted. China publishes no comparable monthly rate, so it is not included.
- OECD composite leading indicators
The OECD composite leading indicator, amplitude adjusted (long-term average = 100). Above 100 and rising points to growth above trend.
