Rising product stocks are a signal of slower economic growth in the industrialised countries of the OECD. Evidence is mounting that the economic recovery is slowing. The OECD's latest interim economic assessment trims growth forecasts for G7 countries in the second half of 2010, citing weaker business confidence, slower industrial production growth, a pause in the recovery of world trade and widening global imbalances. But fears of a double-dip recession are receding, with strong growth in developing countries such as China and India.
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