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In a monthly update, the OECD said that within
the euro zone, France and Italy were showing signs of better
growth and that the outlook was also improving in Germany, the
euro zone's largest economy.
The international think tank's leading indicator, a measure
supposed to capture turning points in the economy, rose to 100.7
for the euro zone as a whole, from 100.6 a month earlier.
With 100.0 representing a long-term average, the OECD index rose
to 100.7 from 100.5 in France, the second-largest euro zone
economy, and increased to 101.0 from 100.8 in Italy, the
third-largest. In Germany, it rose to 99.8 from 99.7.
India's prospects continued to improve, with an index that rose
to 99.5 from 99.3 in the latest monthly report. But China's
reading dipped to 98.4 from 98.5 and Russia's to 98.9 from 99.0.
The U.S. index dipped to 100.0 from 100.1. Japan's rose to 100.0
from 99.9.
(Reporting by Brian Love; Editing by Larry King)
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