A leading indicator of economic performance in the Organization for Economic Cooperation and Development (OECD) area increased for the fourth straight month in February, latest survey data showed.
The composite leading indicator, which is designed to anticipate turning points in economic activity relative to trend, rose to 100.5 in February from 100.3 in January. In December, the reading was 100.2. On an annual basis, however, the index for February dropped by 0.5 percent.
Among member countries, the indicator for the United Kingdom increased 0.1 percent sequentially, signaling a potential turning point in the economy. The indicator for the U.S., which grew 0.3 percent in each of the latest three months, showed that growth has regained momentum.
The sub-index for Canada signaled that activity has stagnated, while the French leading index showed continued sluggish activity.
The indicator for Germany steadied after declining in the previous months, indicating a potential turning point, while index for Italy showed continued sluggish activity, data showed.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.