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PARIS, Jan 11: Most of the world's leading industrialised nations are facing an economic slowdown while China, Russia and Brazil are expected to see improved or continued growth, the OECD said on Friday.
The Organisation for Economic Cooperation and Development said its leading indicators index fell by 0.5 points in November last year and was 2.2 points lower than November 2006.
The indicators, it added, “suggest that a moderate slowdown in economic activity lies ahead in the OECD area.” The OECD groups 30 of the world's most influential economies, including the Group of Seven -- Britain, Canada, France, Germany, Italy, Japan and the United States. —AFP
