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OECD sees stable momentum among major economies, Germany losing steam
Imaduddin
11 Aug, 2014
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![](https://i.brecorder.com/images/2014/08/oecd-oecd-brecorderr.jpg">PARIS: Growth momentum in most major developed economies is stable although Germany and Japan both show signs of losing steam, the OECD said on Monday, as it flagged a turnaround in growth prospects for India.</P><P>The Paris-based Organisation for Economic Cooperation and Development said its leading indicator covering 33 member countries was unchanged in June at 100.5, above its long-term average of 100.</P><P>The indicator, designed to flag turning points in the economic cycle, suggested there was )