OECD leading indicators

The OECD monthly leading indicator indices, published February 14th, point towards a sustained progression of the economic activity in the coming months in the member countries of that organism. Greece is the only OECD country where the index of leading indicators lets believe to an economic growth inferior to the long term historical trend, if there is growth. For most of the OECD countries, the scenario is one of acceleration of the expansion or one of moderate growth.

For the principal emerging economies non member of the OECD, the evolution of the composite leading indicators suggests a growth slowdown in China and India, an acceleration of the expansion in Russia and a growth close to the long term historical trend in Brazil.

Four countries are added from now on to the thirty-five for which the OECD publishes composite leading indicators : Chili, Estonia, Israël and Slovenia.