THE Composite leading indicators
(CLI) aimed to anticipate turning points in economic activity relative to trend
for 33 OECD members and 6 OECD non-member’s economies show easing in economic
activity in most major OECD economies revealing moderating growth in OECD area,
US and Japan while in Euro area (France, Germany) and Canada CLI shows
continuing weak growth.
The economic activity is picking up in UK and
Brazil. Continued slowdown is observed in major five in Asia (China, India, and
Russia) and more strongly to a slowdown in Italy.
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