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.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.