Coincident and Leading Indicators
Composite Coincident Index
The Composite Coincident Index (CCI) tracks and monitors the prevailing state of the economy and is generally regarded as a comprehensive representation of a country's overall economic activity. Singapore's CCI comprises five economic indicators that move in tandem with business cycles.
Composite Leading Index
The Composite Leading Index (CLI) is a predictive tool to anticipate upturns and downturns in the economy and to gauge if, and approximately when, an expansion or recession will take place. Singapore's CLI comprises nine economic indicators that exhibit leading relationships with the growth cycles of the economy.