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(From Irish Independent)
LED by the US and with the exception of Italy, the economic prospects of all major industrialised economies continue to improve, an indicator from the Organisationfor Economic Co-operation and Development showed yesterday.
"Moderate to strong recovery lies ahead in the OECD area," the Paris-based OECD said in a statement on its January leading indicator, a sort of advance warning gauge compiled monthly.
"January data signal continued improved development in Canada, France and the United Kingdom but weaker development for Italy," it said.
The aggregate index for the 30-country OECD zone rose 0.4 points to 123.3 …