The Organization for Economic Co-operation and Development said the leading index rose slightly in February, signaling stable growth momentum in the region.
The composite leading indicator rose to 100.1 in February from 100.0 in January.
Growth is expected to gain momentum in the United States, Canada, and Germany. Despite uncertainty related to Brexit, the index continues to point to tentative signs of growth gaining momentum in the UK.
The indicator anticipates stable growth momentum in the euro area, particularly in France and Italy, and in Japan.
For India, the CLI indicates easing growth momentum, while it suggests growth picking up in China.
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