By Adam Cadle
Composite Leading Indicators (CLIs) have shown a positive change in momentum for January, the OECD has revealed.
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Growth in the OECD area increased by 0.4 per cent from 100.5 to 100.9 points and growth in the euro area increased by 0.2 per cent from 98.5 to 98.7 points.
Growth cycle outlooks for France and Germany show possible changes in momentum with CLIs for France increasing from 98.8 to 99.1 between December and January and from 98.0 to 98.1 in Germany.
The UK experienced 0.1 per cent economic growth and the US again witnessed economic growth of 0.7 per cent for the second month running.
The European Investment Bank (EIB) and the Organisation for Economic Co-operation and Development (OECD) have agreed to share their expertise Most funds across OECD return to pre-crisis levels
Pension fund assets in most Organisation for Economic Cooperation and Development (OECD) countries have recovered to pre-crisis levels, though some countries are yet to recover from the 2008 losses, according to new statisticsOECD praises Greek pension reforms
The Organisation for Economic Cooperation and Development has lauded Greece’s fiscal adjustment programme, including reform to the public pension system, though urged it is important to push ahead with further reform and limit the number of exemptions