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This slowdown in the annual rate of inflation mainly reflects a sharp deceleration in energy price inflation, to 1.7% in the year to August.
Today, the region’s economic outlook is rather promising, but they should be no cause for complacency as Africa is still facing multiple economic and social challenges.
Despite sustained efforts made in recent years to rein in budget deficits, a majority of OECD countries still face substantial fiscal consolidation needs. The choices made about which spending areas to curtail and which taxes to hike will have implications for near-term activity and long-term growth as well as for equity and the current account.
The NZ labour market is among the most flexible in the OECD, and outcomes for its young people have been among the best. However, labour-market opportunities are heavily determined by initial education, where New Zealand’s system is also successful and innovative in many ways.
This paper examines the heavily supported Swiss food and agriculture sector. It reviews some of the
key features and trends in the sector and reveals its low relative labour productivity in international comparison.
Ireland’s economy is now showing encouraging signs of recovery from the financial crisis, but more must be done to reinvigorate growth and create the jobs that will get the country back to full health, according to the OECD.
OECD's 2013 Economic Survey of Ireland examines recent economic developments, policies and prospects. This issue's special chapters cover youth employment and innovation.
Quarterly Gross Domestic Product (GDP) in the G20 area grew by 0.9% in the second quarter of 2013 compared with 0.6% in the previous quarter, according to preliminary estimates. GDP growth accelerated in most of the world’s largest economies but slowed marginally in Canada and Japan and significantly in Mexico.
Composite leading indicators (CLIs) continue to signal diverging growth patterns across major economies. The CLIs point to improvements in growth in most major OECD countries but stabilising or slowing momentum in large emerging economies.
English, PDF, 2,852kb
This report presents an update of OECD policy advice in areas that are critical to China’s long-term economic performance and social development. They include food security, social safety nets, health reform, green growth, climate change and urbanisation.