OECD predicts stable growth of Russian economy

Business & Economy November 12, 2014, 17:52

Amongst major economies stable growth momentum is anticipated for Canada, the United States, Brazil, China and Russia

PARIS, November 12. /TASS/. The world’s largest economies, including Russia, grew steadily in September, while the growth in the euro zone slowed down in the period, the Organization for Economic Cooperation and Development (OECD) said in a report seen by PRIME on Wednesday.

“Composite leading indicators, designed to anticipate turning points in economic activity relative to trend, point to continued weak growth in Europe but stable growth in most other major economies and in the OECD as a whole,” it said.

“Amongst major economies stable growth momentum is anticipated for Canada, the United States, Brazil, China and Russia."

Read more on the site →