LOGO
LOGO

US Economic News

OECD Leading Index Indicates Moderate Growth In June

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

A leading indicator of the Organization for Economic Co-operation and Development (OECD) area indicated moderate growth in the region's economy in June, latest data showed.

The composite leading economic index came in at 100.3 in June, indicating that the economy has recorded moderate growth. The reading was, however slightly lower than 100.4 recorded in May, which matched the figures in the previous months.

The relevant sub-indicator for the euro area dropped to 99.4 from 99.5 in the previous month, signaling a decline in activity.

The indicator for the United Kingdom edged down to 100.9 in June from 101 in May, while the leading index for the United States rose to 99.9 from 99.8, data showed.

The index for Germany decreased further to 99.3 from 99.4, while that for France dropped to 99.5 from 99.6.

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.

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

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.

Latest Updates on COVID-19