The Organization for Economic Cooperation and Development said the outlook is for stable growth momentum for the area as a whole.
The composite leading indicator remained unchanged at 100.3 in February, the OECD said Thursday.
While the indicator signaled stable growth momentum for the OECD region as well as for the United States, the United Kingdom and Japan, it suggests growth to ease in China and Canada.
In the euro area, the index pointed to strengthening growth momentum. The CLI for Germany continued to point to positive change in momentum.
In Brazil and Russia, CLIs pointed to a loss in growth momentum while in India the index continued to indicate firming growth.
For comments and feedback: editorial@rttnews.com