Easing growth momentum in the OECD area
Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend six to nine months ahead, point to easing growth momentum in the OECD area as a whole.
Easing growth momentum is anticipated in large European economies including Germany, France, Italy and the euro area as a whole, as well as in the United Kingdom.
Among major non-European OECD economies, the CLIs point to stable growth momentum in the United States and Japan with similar signs now also emerging in Canada.
Among major emerging economies, the CLIs for China (for the industrial sector) and India point to growth gaining momentum, while growth is expected to ease in Brazil and Russia
Source: Organization for Economic Co-operation and Development
- 264 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