The Organization for Economic Co-operation and Development said the leading index suggested stable growth momentum in the region as a whole but the outlook deteriorated in most major emerging economies.
The leading index came in at 100 in July, down from 100.1 in June.
The OECD said growth momentum is expected to moderate in Canada, the U.K. and the United States, albeit from relatively high levels.
At the same time, it signaled stable growth momentum in the euro area as a whole, particularly in Germany and Italy.
The indicator pointed to firming growth in India. On the other hand, the outlook continues to deteriorate for China.
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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.