The Organization for Economic Co-operation and Development said the leading index signaled a stable growth momentum in the region and a positive change in growth momentum in the euro area.
The composite leading indicator, designed to anticipate economic turning points in economic activity, came in at 100.1 in April, down slightly from 100.2 in February. Stable growth momentum also observed in Japan, Germany, India and the United Kingdom.
In the euro area, signs of positive growth momentum in seen especially in France and Italy, the OECD said.
The index suggested easing growth momentum for the United States and China, while in Russia the index continues to point to a loss in growth momentum.
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