Economics
The World’s Biggest Economies Are Moving Deeper Into a Slowdown
- OECD gauge adds to worries after numbers from Germany, China
- Central bankers have taken note of mounting global risks
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Momentum is easing across the world’s major economies, according to a gauge that the Organization for Economic Co-Operation and Development uses to predict turning points.
The Composite Leading Indicator is the latest sign of a synchronized slowdown in global growth, adding to recession warnings sparked by industrial figures in Germany last week and slumping trade figures for China earlier on Monday.