The Organization for Economic Cooperation and Development (OECD) said today that signs of stabilization are seen in the trend of the Chinese economy, as reflected a month ago.
In its advanced composite indicators, which point to advance in the economic cycle inflections, the OECD said the China rose 16 hundredths in a month, to situate at 98.42 points, clearly below the 100 level that marks the half long term.
The indicator for China had been falling until three months ago, but in this last period has been recovering ever so consistent.
The OECD noted that Brazil also signs of stabilization had received last month confirmed: the indicator gained 13 hundredths to 99.48 points.
For all the countries of the organization-of which China is not part- indicator he was down two cents to 99.80 points, resulting in a divergent evolution of its members.
The eurozone as a whole progressed five hundredths to 100.62 points (above the long-term average), which shows steady growth.
Within the eurozone countries, he highlighted the escalation of Greece (58/100 in a month to 101.93 points) and Estonia (46 cents to 102.79 points).
Also in Europe but outside the euro, the UK experienced a drop of 21 cents to 99.09 points, OECD interpreted as a weakening of its rate of growth.
The CBA did for the United States, whose indicator fell nine tenths to 99.11 points.