Tuesday, December 14, 2010

OECD leading indicators : the pace of economic expansion will be stable

The OECD published yesterday (December 13) its most recent leading composite indices for 29 of its member countries and six other countries of which China and India. The pace of economic expansion should be, in the coming months, at a level superior to the long term trend in most countries. The only exceptions are New Zealand and Brazil where the trend is to a slowdown, and the Czech Republic and Greece where, after a slowdown, the recent evolution of the leading indices is to a slight recovery in the coming months.

Japan is an enigma. The OECD index points towards a stable pace of expansion, while the leading indices of the japanese government and of the Conference Board send signals of weaker economic growth.

People interested to see the evolution of the OECD indices by specific countries can visualise graphs and data at : http://www.oecd.org/department/0,3355,en_2649_34349_1_1_1_1_1,00.html
 

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