The OECD anticipates greater growth in Chile, Mexico and Brazil

The advanced composite indicators of the OECD published today anticipate greater economic growth in Chile, Mexico and Brazil, and in the latter case they show a strong comeback in the last year.

Paris, Nov 9 (EFE) .- The advanced composite indicators of the OECD published today anticipate greater economic growth in Chile, Mexico and Brazil, and in the latter case put in evidence a strong comeback in the last year.

For the whole of the Organization for Economic Cooperation and Development (OECD) the indicator -which measures in advance inflections in the economic cycle- rose five hundredths from last month, and stood at 100.16 points, above the level 100 that marks the long-term average, which presumes growth stable.

Among the main members of the organization, both the United States (five hundredths more, up to 99.73 points), and Japan (stable at 100.15 points), Canada (one hundredth less, at 100.36 points) or the euro area as a whole (seven tenths more, up to 100.62 points) showed signs of stability in their conjuncture.

Among the countries of the single European currency, Germany (13 hundredths more, up to 101.07 points) and Italy (18 hundredths more, up to 100.55 points) were signified by a trend towards a more positive evolution.

Spain, for its part, it put an end to the slight falls in the indicator that had been happening for more than a year, with a monthly increase this time from one hundredth to 99.86 points, that is, below level 100.

Chile stood out as the OECD country with the highest monthly increase (47 hundredths, up to 102.19) and the second with the highest indicator, only behind New Zealand (102.35).

It was also pronounced (25 hundredths more, up to 99.33 points) the rise of Mexico with this indicator.

As for the large emerging economies outside the most marked evolution was that of Brazil, with an increase of 41 hundredths to 103.25 points.

The fact that in a year the Brazilian indicator has risen 3.37 points, the the highest figure, by far, of the quarantine of countries that are the subject of analysis.