国际英语新闻：OECD sees mixed picture of economic growth in world's major economies

PARIS, Nov. 8 (Xinhua) -- Latest indicators issued by the Organization for Economic Cooperation and Development (OECD) showed a mixed picture of economic growth in major economies, the Paris-based advisory agency said Monday.

Composite leading indicators (CLIs) in September indicated that in the following six months, Germany, Japan and the United States would witness continuous economic growth while Canada, France, Italy and Britain a moderate economic downturn.

With the indexes remaining still for the third successive month above 100 points, both the OECD area and the euro area would enter a steady expansion stage.

However, five major countries in Asia which did well in early 2010 -- China, India, Indonesia, Japan and South Korea -- would enter a stage of downturn.

The OECD predicted that growth in Brazil and China would slow down with their CLIs moving below 100 points. The levels of industrial production will fall below their longer-term trend in these two economies, said the OECD.

The OECD produces its indicators with comprehensive statistics covering major industrial sectors in 29 OECD members and six non-OECD countries.

With the help of the indicators, the OECD defines four economic growth phases of expansion, downturn, slowdown and recovery.