THE Composite leading indicators (CLIs) of the OECD show that in the
United States and the United Kingdom, the CLIs continue to point to firming
economic growth.
The
CLIs for Italy, Germany, France and the Euro Area as a whole point to a
stabilisation in growth prospects. Likewise, in Brazil and Japan, tentative
signs of stabilising growth are emerging. On the other hand, the CLIs for Canada
and Russia continue to signal weak growth prospects.
France, Japan, Germany, Italy, Brazil indicate stabilising growth. While
the major five in Asia, which includes India and China, indicates a tentative
turning point with stabilising growth. However, Russia and Canada indicate a
weak growth.
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