The Organization for Economic Co-operation and Development said the leading index signaled a stable growth momentum in the region and a resilient growth in the euro area.
The composite leading indicator, designed to anticipate turning points in economic activity, came in at 100.0 in May, down slightly from 100.1 in April. Stable growth momentum also observed in Japan, Germany and India.
The leading index continue to point to firming growth in the euro area, especially in France and Italy, the OECD said.
The index suggested easing growth momentum for the United Kingdom, China and the United States, while in Russia the index reflected tentative signs of positive change in growth momentum.
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.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.