Only Japan And U.S. Economies Showed Growth From March To April: OECD

First-world economies are gaining a bit of momentum in their growth, the Organization for Economic Cooperation and Development said on Monday, led mostly by Japan, followed by the U.S. Economic indicators rose 0.1 points from March to April, a small improvement that keeps the OECD’s indicator above 100, an overall good sign, but Japan and the U.S. were the only major developed economies that showed improvement.

In May, the OECD predicted that the euro zone would fall behind the U.S. and Japan in economic growth because of the E.U.-wide recession. Euro-zone indicators fell 0.1 points to 100.0 between March and April. Germany’s indicator fell to 99.9 from 100, France’s stayed stable at 99.6, and Italy’s rose .1 point to 99.9.

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