According to the Organization for Economic Co-operation and Development in its latest monthly report just published
- monthly indicator, covering 33 member countries, at 100.9 in November from 100.7 in October
- highest level since March 2011
- Eurozone indicator 101 vs 100.8 prev showing ” positive change in momentum”
- US indicaor 101.00 from 100.9 prev
- Japan 101.4 vs 101.2 prev
- China 99.4 vs 99.3 and ” seeing a tentative positive change in momentum”
- India seen with below trend growth. Indicator unchanged at 97.5
- Russia still close to its long-term trend. Indicator unchanged at 99.6 for 3rd consecutive month
An optimistic report so let’s hope they’re right eh?
More from the OECD here