• OECD’s leading composite leading indicator declines to 99.62 in January

Market news

8 March 2016

OECD’s leading composite leading indicator declines to 99.62 in January

The Organization for Economic Cooperation and Development (OECD) released its leading indicators on Tuesday. The composite leading indicator decreased to 99.62 in January from 99.7 in December.

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

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

The index for the U.S., the U.K., Canada, Germany 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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