The economy of the OECD area is stable, despite the umpteenth weakening of the Eurozone and in particular of the German data, which does worse than the Italian one. To reveal it is the economic super index of the OECD area which remained stable in August at 100,4, the same level as in July (revised) and substantially that of the previous three months (100,5).
This was announced by the OECD itself, also signaling a weakening of the economy in theeuro area where the index falls again to 100,7 (101 in April and May, 100,9 in June and 100,8 in July). Over United States is stopped at 100,5, while in UK drops from 100,8 to 100,7 and in Japan from 99,8 to 99,6. In Germany the drop is indeed more conspicuous, from 100,1 to 99,7, while in Italy it stops at 101,3, as well as in France (100,3).
The OECD super-index, on the other hand, signals growth in the economy of Canada with an increase to 100,2 in August from 100,1. Also improve the Brazil which continues its ascent from 99 in July to 99,2 in August. Stable the Russia to 100,4, after rising in June compared to the previous months. In general, explains the OECD, the global picture is mixed, with the European economy slowing down and substantial stability in the other major economies. L'India it is the only economy with positive prospects for growth.
