The Organization for Economic Co-operation and Development said the leading index suggested stable growth momentum in the region as a whole, while it continued to signal a mixed outlook across major economies.
The composite leading index came in at 99.7 in December, down marginally from 99.8 in November.
Stable growth momentum also observed in the Euro area, especially in Germany and Italy. Meanwhile, in France the outlook is for firming growth.
The index reflected easing growth momentum for the United States and the United Kingdom. The index suggested tentative signs of positive change in Brazil and China.
In India, the index pointed to firming growth, while a loss in growth momentum is expected in Russia.
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