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GDP in the OECD area rose by 0.6% in the second quarter of 2007
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22/08/2007 - Gross domestic product (GDP) in the OECD area rose by 0.6% in the second quarter of 2007, the same rate as in the previous quarter, according to preliminary estimates.
In the United States GDP grew by 0.8% in the second quarter of 2007, the highest growth rate observed since the first quarter of 2006. Japan's GDP rose by 0.1%, considerably less than the 0.8% growth recorded in the previous quarter. GDP in the euro area rose by 0.3%, down from 0.7% in the previous quarter.
Among the Major Seven countries GDP growth in the second quarter of 2007 ranged from 0.1% in Italy and Japan to 0.8% in the United Kingdom and the United States...etc.
The next issue of this press release is scheduled for the fourth week of November 2007.
For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or news.contact@oecd.org; others should contact the Statistics Directorate on stat.contact@oecd.org.
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