OECD’s composite leading indicator declines to 100.0 in May

Market news

9 July 2015

OECD’s composite leading indicator declines to 100.0 in May

The Organization for Economic Cooperation and Development (OECD) released its leading indicators on Wednesday. The composite leading indicator fell to 100.0 in May from 100.1 in April.

It signalled stable growth in Germany, Japan and India.

There were signs of positive growth momentum in the Eurozone, especially in France and Italy.

The index for the U.S., the U.K. and China pointed to an easing in growth momentum.

The index for Russia showed signs of positive change in growth momentum.

France could lose €65 billion in case of a Greek default

Australia's unemployment rate is up to 6.0% in June

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