The slowdown in global demand has reduced growth in OECD countries

Real GDP growth in the OECD area slowed to 0.2% in the second quarter of 2012, compared with 0.4% in the first quarter, according to figures released this morning by the OECD. In terms of the contributors to growth, the figures show that private consumption contributed 0.1 percentage point to GDP growth, compared with 0.3 percentage point in the previous … Continue reading

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Slowdown in investment in OECD pulls GDP growth down

Real GDP in the OECD area grew by 0.6% in the third quarter of 2010, which represents a fall from the 0.9% recorded in the previous quarter. Capital formation only contributed 0.2 percentage points to overall growth, falling from 0.5 percentage points in the second quarter. The main contribution to GDP growth came from private consumption which added 0.4 percentage … Continue reading

Posted by Nigel Tree | Comments Off on Slowdown in investment in OECD pulls GDP growth down