OECD: a recovery in the euro zone and a slowdown in the US and China
THe Composite Leading Indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to stable growth momentum in the OECD area as a whole.
Stable growth momentum is expected in Germany, Japan and India. The CLI for Russia also points to stable growth momentum albeit below long term trend.
In France and Italy, as well as the Euro Area as a whole, CLIs point to firming growth.
On the other hand, CLIs point to growth easing to around long-term trends in the United States and the United Kingdom with tentative signs of a loss in growth momentum in Canada. (MTI)
Related news
Agrometeorology: Night frosts to return next week
Further heavy rain is expected until the end of the…
Read more >The joint Competition Training Centre of the OECD and the Hungarian Competition Authority plays a key role in the development of competition authorities in the region
The Regional Training Centre for Competition (ROK) of the Organisation…
Read more >How will the world economy develop in 2025?
The global economy will continue to face major challenges in…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >