OECD: The growth pace of euro zone's economy is accelerating, but the recovery is slower in Brazil and China

The Composite Leading Indicator (CLI) calculated by OECD for the 34 member states of the organization remained constant in June for the fourth consecutive month at 100.7 points, surpassing the long-term average of 100 points, transmits Reuters. The indicator suggests that the economy’s growth rhythm is stable in Japan, Germany and India.

According to AGERPRES, in the USA, the indicator dropped in June to 99.4 points from 99.5 points in May, while Great Britain reached 99.8 points from 99.9 points in the previous month. At the same time, the indicator increased in France up to 100.8 points and remained stable in Germany and Italy.

In China and Brazil, the decline of the Composite Leading Indicator (CLI) calculated by OECD continued.

For more information, please see the Romanian version of the article, here.


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