The Organization for Economic Co-operation and Development (OECD) gives Spain air and ensures that the economy shows signs of recovery

Signs of Spain’s economic recovery remain, according to the Organization for Economic Co-operation and Development. Organization for Economic Cooperation and Development He continues to warn that the Spanish economic recovery is continuing its course, in light of the advanced composite indicators, which, for their part, indicate a potential growth peak in some large countries, such as The United States, Japan, Germany or the United Kingdom.

Spain index rose 0.21 points in October, which is one of the largest monthly increases in member states, according to data published on Wednesday by the Organization for Economic Co-operation and Development. What is more important, Spain has seen strong increases in months, Although the pace has slowed somewhat recently, it must be taken into account that what the indicators indicate are reversals before the economic cycle. These increases left it at 100.80 points, i.e. above the 100 level which represents the long-term average.


For the OECD as a whole, the index has fallen for two consecutive months, albeit very slightly (0.02 points in October, after 0.01 in September), prompting analysts across the organization to see signs that the acceleration of the recovery may be coming to an end.

This is the trend in the United States, Japan, France, Germany or the United Kingdom, where There are two consecutive months of backtracking, which represents a reversal of the movement that existed until then. Something similar is also happening in Mexico, where the index has fallen in the past three months, although it is still at a high level of 102.15 points, clearly above the long-term average.

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There is no visible development in Chile as its statistics have been stagnant for three months and previously experienced a slight decline for six months. Colombia has been in continuous progress for more than a year, but the progress has slowed down a lot The advance was just 0.09 points in August, 0.06 in September and 0.04 in October to 101.76 points.

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