The OECD indicates a slowdown in growth

The August indicator of the Organisation for Economic Co-operation and Development (OECD) indicates a slowdown in the economic growth rate.

The CLI (Composite Leading Indicator) that is predicting the differences compared to the current trend fell to 99.9 points in August, compared to the 100.0 points of July. In June the value of the index was 100.1 points, while 100.2 points in May.

The researchers of the OECD showed a weakening of the growth momentum in the United States, China and Japan, in the United Kingdom and in Canada. (MTI)