OECD: Leading Indicators Point to Stable Growth in Euro Area
The Paris-based research body, Organisation for Economic Co-operation and Development (OECD) is out with their latest outlook on the global economy based on the leading indicators, which suggests continued to slowdown in the UK and Italy in 2016.
Key Findings:
Leading indicators point to stable growth in euro area
Growth momentum stable in France, Germany; easing in UK, Italy
Positive change in growth momentum for Russia, Brazil
Growth momentum stable in China, firming in India
