INSUBCONTINENT EXCLUSIVE:
Leading Indicator is latest sign of a synchronized slowdown in global growth, adding to recession warnings sparked by industrial figures in
Germany last week and and slumping trade figures for China earlier on Monday.
The indicator, which is designed to anticipate turning points
six-to-nine months ahead, has been ticking down since start of 2018 and fell again in November
2019, OECD economic indicator follows a run of numbers that mean growth this year could be even slower than currently anticipated
Read Global Dashboard
ChinaTrade-tensions with United States are showing up in data
Chinese exports slumped 4.4 percent in December from a year earlier, marking worst performance in dollar terms since 2016
Imports also dropped most since 2016, hinting at softening demand at home that could have implications for exporters to China.
The numbers
sent stocks lower in Europe and Asia
The Stoxx 600 Index was down almost 1 percent as of 12 p.m
Output declined 1.7 percent, with a slump in Germany sparking talk that it could shrink for a second quarter, putting it in a technical
according to latest payrolls report, but measures of activity have weakened
policy makers have taken note of changed outlook and suggested they could pause their interest-rate hike cycle as they await clarity
