Monday, April 11, 2011

Continuity of Economic Expansion in OECD Countries

The OECD published this morning its composite leading indicators. The most recent data are the February ones. The indicators point towards a sustained economic expansion in most OECD countries in the coming months. There are exceptions, like Spain and Greece.

For emerging economies, a strong expansion is in the cards for Russia and South Africa. In China, economic growth should slow down, but it will remain over the long term historical trend. In India and Brazil, economic growth should be close to the long term historical trend.

Details at : http://www.oecd.org/department/0,3355,en_2649_34349_1_1_1_1_1,00.html

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