The OECD expect stable growth among its member countries

Stable economic growth is expected in the next six months in the OECD as a whole and in the euro zone as well, with a slightly weakening momentum in Germany, Italy and Russia, but with a growing momentum in Japan and in India.

According to the composite economic indicators of the Paris-based (Organisation for Economic Co-operation and Development, OECD) that were published on Monday a stable growth momentum is expected in the 34 OECD member countries, including the United States, Canada and China, and in the entire euro zone.

However, the growth has lost some momentum in Germany, Italy and Russia. In addition a moderating growth momentum is expected in the UK, but from a relatively high level. (MTI)