Advanced Composite Indicators of the Organization for Economic Co-operation and Development (OECD) point one more month in worsening of the economic situation of its large member countries, with the notable exception of Japan, and again the outlook is particularly bad in Europe, fully affected by the consequences of the war in Ukraine.
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The OECD explained that its indicators, which signal in advance inflections in the economic cycle, are clearly maintained by below the long-term trend.
They also continue to point to a reduction in economic growth in Canada, in the United Kingdom, in USA, as well as in the euro zone, and in particular in its three largest countries, France, Germany and Italy.
Within this same dynamic of worsening, the indicator of Spain it fell by 20 hundredths in September, to 97.91 points, that is, below the 100 level that marks the long-term average.
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The monthly falls were more important in Germany (46 hundredths to 98.10 points), the United Kingdom (31 hundredths to 95.67 points), Canada (30 hundredths to 98.14 points), Italy (29 hundredths to 97.71 points or for the euro area as a whole (28 hundredths to 98.32 points).
Colombian economy.
The figures also moved downwards, but less sharply, in the cases of the United States (17 hundredths to 98.48 points) or France (15 hundredths to 98.16 points).
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Japan again stood out from the big economies and the OECD noted that its indicator (down only one hundredth to 100.48 points, above the long-term average) points to stable growth.
Also above the long-term average were the statistics for Mexico (100.82 points, 10 hundredths less than in August) and Colombia (100.80 points, 7 hundredths less).
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Among the large emerging countries, which are not part of the OECD, those responsible for the report explained that a reduction in growth is anticipated in China and Brazil, while the indicator allows to induce a stable evolution in India.
EFE
