Stable growth momentum in the OECD area but slowing expected in China
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 in the OECD area
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.
In Brazil and China, CLIs point more strongly than last month to a loss in growth momentum.
Source: Organization for Economic Co-operation and Development
- 217 reads
Human Rights
Ringing FOWPAL’s Peace Bell for the World:Nobel Peace Prize Laureates’ Visions and Actions
Protecting the World’s Cultural Diversity for a Sustainable Future
The Peace Bell Resonates at the 27th Eurasian Economic Summit
Declaration of World Day of the Power of Hope Endorsed by People in 158 Nations
Puppet Show I International Friendship Day 2020