The Organization for Economic Co-operation and Development (OECD) said today that the index by which it measures the economic strength of all OECD member nations rose to 103.2 in February from 103.0 in January. The report noted that the Unites States and Germany were both in the process of a “robust expansion” while France and Canada appear to be gaining as well.
Source: Reuters
Retail sales for the eurozone region rose slightly in July, gaining 0.1 percent after a 0.2 percent gain in June. Several of the smaller member nations recorded more significant gains including a 3.0 percent increase in Portugal and a 2.9 percent increase in Malta. Germany, the economic powerhouse of the region, managed a slight gain of 0.3 percent.
Source: AFP News
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