{"id":12228,"date":"2023-10-27T10:09:35","date_gmt":"2023-10-27T10:09:35","guid":{"rendered":"https:\/\/new.kepe.gr\/?page_id=12228"},"modified":"2026-10-14T13:42:07","modified_gmt":"2026-10-14T13:42:07","slug":"kepe-composite-leading-indicator","status":"publish","type":"page","link":"https:\/\/www.kepe.gr\/en\/research\/recent-publications-kepe\/kepe-indices\/kepe-composite-leading-indicator\/","title":{"rendered":"KEPE Composite Leading Indicator"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"12228\" class=\"elementor elementor-12228 elementor-12192\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-49cb205 elementor-section-boxed elementor-section-height-default elementor-section-height-default parallax_section_no qode_elementor_container_no qode-content-aligment-left\" data-id=\"49cb205\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2b857e6\" data-id=\"2b857e6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9a9c1fd elementor-widget elementor-widget-text-editor\" data-id=\"9a9c1fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>KEPE Composite Leading Indicator<br \/><br \/><a href=\"https:\/\/www.kepe.gr\/en\/research\/recent-publications-kepe\/kepe-indices\/\">KEPE INDICES<\/a><br \/><br \/><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-dc6febd elementor-section-boxed elementor-section-height-default elementor-section-height-default parallax_section_no qode_elementor_container_no qode-content-aligment-left\" data-id=\"dc6febd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-612c64c\" data-id=\"612c64c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-82b605a elementor-widget elementor-widget-image\" data-id=\"82b605a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.kepe.gr\/wp-content\/uploads\/2026\/10\/deiktes_2026_b.jpg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"deiktes_2026_b\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MjQwOTQsInVybCI6Imh0dHBzOlwvXC93d3cua2VwZS5nclwvd3AtY29udGVudFwvdXBsb2Fkc1wvMjAyNlwvMTBcL2RlaWt0ZXNfMjAyNl9iLmpwZyJ9\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"573\" src=\"https:\/\/www.kepe.gr\/wp-content\/uploads\/2026\/10\/deiktes_2026_b.jpg\" class=\"attachment-large size-large wp-image-24094\" alt=\"\" srcset=\"https:\/\/www.kepe.gr\/wp-content\/uploads\/2026\/10\/deiktes_2026_b.jpg 1024w, https:\/\/www.kepe.gr\/wp-content\/uploads\/2026\/10\/deiktes_2026_b-300x168.jpg 300w, https:\/\/www.kepe.gr\/wp-content\/uploads\/2026\/10\/deiktes_2026_b-768x430.jpg 768w, https:\/\/www.kepe.gr\/wp-content\/uploads\/2026\/10\/deiktes_2026_b-700x392.jpg 700w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-d886dcc\" data-id=\"d886dcc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f6d4779 elementor-widget elementor-widget-text-editor\" data-id=\"f6d4779\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>October 2026 estimations<\/strong><\/p><p>\u00a0<\/p><p>The KEPE monthly Composite Leading Indicator (CLI) is constructed based on a dynamic factor model, using six selected monthly economic series assumed to have leading properties (see also Tsouma, E. [2016], Constructing a Composite Leading Indicator of Economic Activity in Greece, <em>Applied Economics Quarterly<\/em>, 62 [2], 85-105). It provides early evidence on the course of and any turns in Greek economic activity, ahead of the developments in major economic aggregates.<\/p><p>\u00a0<\/p><p>According to recent observations for the period April 2026\u2013July 2026, the CLI recorded a generally upward trajectory, except for June 2026. At the same time, in July 2026 it reached a new maximum level for the total period of investigation, confirming the overall favorable evolution observed. As a result, the path of the CLI signals positive dynamics regarding the expectations and assessments of economic agents, providing leading indications for upcoming improvement in future economic conditions, despite the inflationary pressures and, in particular, persistent geopolitical risks. Nevertheless, in the current fragile international conjuncture characterized by uncertainty, it is necessary to re-estimate the CLI to obtain additional evidence. The inclusion of new data is expected to demonstrate the continuation or interruption of the observed trends regarding the course of future domestic economic activity.<\/p><p>\u00a0<\/p><p style=\"font-size: 12px;\"><i><span lang=\"EN-US\">Note<\/span><\/i><span lang=\"EN-US\">: The lag in the data is associated with the availability of statistics, while data for building activity are available only until June 2026<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>KEPE Composite Leading Indicator KEPE INDICES October 2026 estimations \u00a0 The KEPE monthly Composite Leading Indicator (CLI) is constructed based on a dynamic factor model, using six selected monthly economic series assumed to have leading properties (see also Tsouma, E. [2016], Constructing a Composite Leading&#8230;<\/p>\n","protected":false},"author":7192,"featured_media":0,"parent":12164,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-12228","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KEPE Composite Leading Indicator - \u039a\u03ad\u03bd\u03c4\u03c1\u03bf \u03a0\u03c1\u03bf\u03b3\u03c1\u03b1\u03bc\u03bc\u03b1\u03c4\u03b9\u03c3\u03bc\u03bf\u03cd \u03ba\u03b1\u03b9 \u039f\u03b9\u03ba\u03bf\u03bd\u03bf\u03bc\u03b9\u03ba\u03ce\u03bd \u0395\u03c1\u03b5\u03c5\u03bd\u03ce\u03bd<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kepe.gr\/en\/research\/recent-publications-kepe\/kepe-indices\/kepe-composite-leading-indicator\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KEPE Composite Leading Indicator - \u039a\u03ad\u03bd\u03c4\u03c1\u03bf \u03a0\u03c1\u03bf\u03b3\u03c1\u03b1\u03bc\u03bc\u03b1\u03c4\u03b9\u03c3\u03bc\u03bf\u03cd \u03ba\u03b1\u03b9 \u039f\u03b9\u03ba\u03bf\u03bd\u03bf\u03bc\u03b9\u03ba\u03ce\u03bd \u0395\u03c1\u03b5\u03c5\u03bd\u03ce\u03bd\" \/>\n<meta property=\"og:description\" content=\"KEPE Composite Leading Indicator KEPE INDICES October 2026 estimations \u00a0 The KEPE monthly Composite Leading Indicator (CLI) is constructed based on a dynamic factor model, using six selected monthly economic series assumed to have leading properties (see also Tsouma, E. [2016], Constructing a Composite Leading...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kepe.gr\/en\/research\/recent-publications-kepe\/kepe-indices\/kepe-composite-leading-indicator\/\" \/>\n<meta property=\"og:site_name\" content=\"\u039a\u03ad\u03bd\u03c4\u03c1\u03bf \u03a0\u03c1\u03bf\u03b3\u03c1\u03b1\u03bc\u03bc\u03b1\u03c4\u03b9\u03c3\u03bc\u03bf\u03cd \u03ba\u03b1\u03b9 \u039f\u03b9\u03ba\u03bf\u03bd\u03bf\u03bc\u03b9\u03ba\u03ce\u03bd \u0395\u03c1\u03b5\u03c5\u03bd\u03ce\u03bd\" \/>\n<meta property=\"article:modified_time\" content=\"2026-10-14T13:42:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.kepe.gr\/wp-content\/uploads\/2026\/10\/deiktes_2026_b.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.kepe.gr\\\/en\\\/research\\\/recent-publications-kepe\\\/kepe-indices\\\/kepe-composite-leading-indicator\\\/\",\"url\":\"https:\\\/\\\/www.kepe.gr\\\/en\\\/research\\\/recent-publications-kepe\\\/kepe-indices\\\/kepe-composite-leading-indicator\\\/\",\"name\":\"KEPE Composite Leading Indicator - 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