India Composite Leading Indicator
OECD composite leading indicator, designed to anticipate turning points in economic activity (long-term average = 100).
Composite Leading Indicator in India increased to 102.00 points in Sep 2026 from 101.82 points in Aug 2026.
India Composite Leading Indicator — History
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India Composite Leading Indicator — analysis in simple words
Latest reading
Composite Leading Indicator in India increased to 102.00 points in Sep 2026 from 101.82 points in Aug 2026.
It has risen in each of the last three months.
Recent trend
A year earlier (Sep 2025) it was 99.99, so the latest figure is 2.01 higher.
Over the past five years the average was 99.90, with a range from 99.05 to 102.00. The latest value is above that five-year average.
Historical context
This data series starts in Apr 1994 and has 390 monthly observations. The latest reading is higher than 87% of all of them.
The highest value on record is 104.37 (Feb 2000) and the lowest is 67.12 (Apr 2020). The long-run average is 99.99.
Compared with other countries
Among 17 economies with recent data, India ranks 4th from the top. The median across all these economies is 100.73, so India is above the typical country.
Among 16 major economies tracked on this site it ranks 4th.
Statistics
- Latest
- 102.00Sep 2026
- Previous
- 101.82
- 5-year average
- 99.90
- Long-run average
- 99.99since Apr 1994
- All-time high
- 104.37Feb 2000
- All-time low
- 67.12Apr 2020
- Observations
- 390Monthly
Recent Data
| Period | Value | Change |
|---|---|---|
| Sep 2026 | 102.00 | ▲ +0.18 |
| Aug 2026 | 101.82 | ▲ +0.18 |
| Jul 2026 | 101.64 | ▲ +0.18 |
| Jun 2026 | 101.45 | ▲ +0.18 |
| May 2026 | 101.27 | ▲ +0.18 |
| Apr 2026 | 101.10 | ▲ +0.17 |
| Mar 2026 | 100.93 | ▲ +0.16 |
| Feb 2026 | 100.76 | ▲ +0.16 |
| Jan 2026 | 100.60 | ▲ +0.16 |
| Dec 2025 | 100.45 | ▲ +0.15 |
| Nov 2025 | 100.29 | ▲ +0.15 |
| Oct 2025 | 100.14 | ▲ +0.15 |
| Sep 2025 | 99.99 | ▲ +0.14 |
| Aug 2025 | 99.85 | ▲ +0.13 |
| Jul 2025 | 99.72 | ▲ +0.12 |
| Jun 2025 | 99.59 | ▲ +0.11 |
| May 2025 | 99.48 | ▲ +0.10 |
| Apr 2025 | 99.38 | ▲ +0.08 |
| Mar 2025 | 99.30 | ▲ +0.06 |
| Feb 2025 | 99.25 | ▲ +0.04 |
| Jan 2025 | 99.21 | ▲ +0.02 |
| Dec 2024 | 99.19 | ▲ +0.00 |
| Nov 2024 | 99.19 | ▼ −0.01 |
| Oct 2024 | 99.19 | ▼ −0.01 |
| Sep 2024 | 99.20 | ▼ −0.01 |
| Aug 2024 | 99.21 | ▼ −0.00 |
| Jul 2024 | 99.21 | ▲ +0.01 |
| Jun 2024 | 99.20 | ▲ +0.01 |
| May 2024 | 99.19 | ▲ +0.02 |
| Apr 2024 | 99.17 |
Composite Leading Indicator — India vs Peers
Latest available reading for each economy (periods may differ). India highlighted.
More India indicators
Understanding Composite Leading Indicator — a simple guide
What it measures
The OECD Composite Leading Indicator (CLI) combines several forward-looking data series — such as business surveys, orders, share prices and interest-rate spreads — into one index designed to anticipate turning points in the economy.
How it is calculated
The OECD combines several leading series, smooths them, and scales the result so that 100 equals the long-term trend.
A CLI moving from 99.5 to 100.3 over a few months suggests activity is turning up above trend.
Above 100 and rising: growth above trend is expected.
Below 100 and falling: a slowdown below trend is expected.
Why it matters for the economy and markets
Because it is built to turn before the economy does, the CLI is used to spot early signs of an upswing or a slowdown six to nine months ahead.
How to read it
A value above 100 means activity is expected to be above its long-term trend; below 100, below trend. The direction (rising or falling) matters as much as the level.
What to look at alongside it
Business confidence, industrial production and GDP growth.
Key terms
- Leading indicator
- A measure that tends to change before the overall economy does.
- Amplitude adjusted
- Scaled so swings are comparable across countries.
Data source
OECD — Organisation for Economic Co-operation and Development (series OECD CLI (amplitude adjusted)), monthly data from Apr 1994 to Sep 2026. Values are shown exactly as published by the source and may be revised later.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What is the current composite leading indicator of India?
What is the highest and lowest composite leading indicator of India?
What does composite leading indicator measure?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.