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SSY News
 OECD SEES STRONGER ECONOMIC RECOVERY SIGNS |
14-09-2009 |
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According to the Organization for Economic Cooperation and Development (OECD), the indicator of industrial growth for the world in July improved to 0.8% from -1.6% a month earlier, posting strong signs of a recovery in industrial production. The indicator for China was at the forefront of the growth, at 14%. South Korea (11.7%) and India (6.2%) continue to show strong positive numbers. Indicators in the EU, the US and Japan remain substantially below zero, at -0.6%, -6% and -10.6% respectively, however, all continue to trend higher. |
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