The Organization for Economic Cooperation and Development said the leading index signaled a stable growth momentum in the region and a positive change in growth momentum in the euro area.
The composite leading indicator rose to 100.5 in December from 100.4 in November. It indicated stable growth momentum in the United States, Canada, Japan, China and Brazil.
For the U.K., the index pointed to an easing in growth momentum, though from relatively high levels.
In the euro area, signs of positive growth momentum in seen particularly in Germany and Spain. In Italy, the indicator pointed to improvements and the outlook for France remains unchanged.
The indicator for India suggested firming growth, while in Russia the index continues to point to a loss in growth momentum.
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