OECD “美•日•유로존 경기선행지수 하락세”<br /><br />The OECD's monthly report on composite leading indicators, which was released Thursday local time, points to slowing growth momentum among the world's advanced economies.<br />Kim Hyesung reports.<br />The OECD's leading indicators suggest the world's developed economies are set for a slowdown.<br />The composite leading indicators for OECD member countries, which are used to predict turning points in economic activity six to nine months ahead, fell to 99-point-06 for June, down 0.04 points from the previous month.<br />A reading below one hundred indicates economic conditions are likely to worsen, and the OECD member countries' overall CLI has continued to decline since January 2018.<br />The composite leading indicators for the U.S. fell for the 14th consecutive month, recording 98-point-eight for June.<br />The U.S. has been enjoying the longest economic expansion in decades, but there are growing concerns that the escalating U.S.-China trade war will dampen its growth.<br />Japan and Germany also saw their leading indicators drop on-month.<br />Germany in particular saw its June industrial production fall by more than five percent on-year, making it the biggest annual decline in almost a decade.<br />The European Central Bank also noted Thursday local time that prolonged global trade tensions and the risk of a no-deal Brexit weigh on the Eurozone's growth and its composite leading indicators fell to 99 for June.<br />South Korea, which is heavily reliant on exports and global trade, saw its leading indicators for June fall for the 25th consecutive month, recording 98-point-eight.<br />The last time the leading indicators for Korea fell for so long was 20 months from September 1999 to April 2001.<br />China's leading indicators went up slightly by zero-point-one points on-month to 98-point-nine for June.<br />Kim Hyesung, Arirang News.<br />
