US, China economies slow down, while eurozone rebounds| glObserver Global Economics


Economic increase in the US and China is expected to slow down while the eurozone is still on course for economic recovery this year, according to the Organization for Economic Cooperation and Improvment(OECD). “In the euro area, increase momentum continues to strengthen, particularly in France and Italy.

Source: globserver.cn

The OECD composite leading indicators forecasting economic activity in the next 6-9 months signal a stable increase in nations such as Japan, Germany, Great Britain and India, while a loss in increase momentum is seen in Canada, China, Brazil and Russia.

The US economy has seen a weak start in 2015, with its GDP having grown only by 0.2 % year on year.

See on Scoop.itglObserver Europe

Author: globserver

Director of Eyecom china

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