OECD’s leading composite leading indicator declines to 99.7 in December

Market news

8 February 2016

OECD’s leading composite leading indicator declines to 99.7 in December

The Organization for Economic Cooperation and Development (OECD) released its leading indicators on Monday. The composite leading indicator decreased to 99.7 in December from 99.8 in November.

It signalled stable growth in the Eurozone as a whole, in Germany and Italy.

There were signs of firming growth momentum in France and India.

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

The index for China confirmed the tentative signs of stabilisation.

The index for Russia showed signs of a loss in growth momentum.

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