Independent journal on economy and transport policy
14:56 GMT+1
This page has been automatically translated by Original news
In the next six to nine months, the momentum of the economy in OECD nations could lose strength
Considerable uncertainties related to the war in Ukraine and supply chain dysfunctions
June 13, 2022
The Organization for Economic Co-operation and Development has pointed out that at present, in the main OECD economies, the CLIs are at or below the long-term level trend term, indexes - specified the organization - which are pushed on the downside by high inflation and very low confidence in the consumers, with a loss of momentum that concerns in particular the euro area as a whole, including Germany, France and Italy, as well as the United Kingdom and Canada, while the indicators continue to aim for stable growth in the United States and Japan. In addition, the OECD explained that among the major economies emerging, indices indicate that growth is currently losing momentum in China, relative to the industrial sector, and is slowing in Brazil, while growth is stable in India.
The OECD has pointed out that, in view of the continuing uncertainty caused by the war in Ukraine and Covid-19 results in higher than usual fluctuations in components of CLIs, indicators should still be interpreted carefully and their extent should be perceived as an indication of the strength of the signal plus than a measure of the growth of economic activity.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The Organization for Economic Co-operation and Development has pointed out that at present, in the main OECD economies, the CLIs are at or below the long-term level trend term, indexes - specified the organization - which are pushed on the downside by high inflation and very low confidence in the consumers, with a loss of momentum that concerns in particular the euro area as a whole, including Germany, France and Italy, as well as the United Kingdom and Canada, while the indicators continue to aim for stable growth in the United States and Japan. In addition, the OECD explained that among the major economies emerging, indices indicate that growth is currently losing momentum in China, relative to the industrial sector, and is slowing in Brazil, while growth is stable in India.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
