8 Feb 2017
OECD forecasts expect GDP growth to pick up in US, Japan, Germany and France
The Organisation for Economic Co-operation and Development (OECD) is out with its monthly indicators report for February and the forecasts expect GDP growth to pick up in US, Japan, Germany and France.
Key findings:
• The OECD's CLI leading indicator covering 33 member countries designed to flag early signals of turning points in economic activity remains 99.9 for second month in a row
• USA rose to 99.4 vs 99.3 prev
• Japan 100.1 vs 100.0
• Germany 100.5 vs 100.3
• France 100.6 vs 100.5
• UK 99.5 vs 99.3 but concerns still on Brexit terms