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G20 GDP growth steady at 0.8% in first quarter of 2014
Canada has experienced solid economic growth since the global crisis, allowing it to reverse recession-induced job losses and put federal public finances on a sound footing, says the OECD. Growth is expected to accelerate from 2.5% this year to 2.7% in 2015.
Composite leading indicators continue to suggest that momentum is weakening in most major emerging economies but stable in the OECD area
Consumer prices in the OECD area increased by 2.0% in the year to April 2014, compared with 1.6% in the year to March 2014.
OECD GDP rose by 0.4% in the first quarter of 2014, but with large diverging patterns across countries
By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings.
Composite leading indicators point to weakening growth in major emerging economies but stable growth momentum in most OECD countries
Germany’s current economic success offers a good platform for achieving sustainable and inclusive growth, but further reforms will be necessary over the medium and long term, according to the latest OECD Economic Survey of Germany.
OECD annual inflation picks up to 1.6% in March 2014 but slows in Euro area
The global economy will strengthen over the coming two years, but urgent action is still required to further reduce unemployment and address other legacies from the crisis, according to the OECD’s latest Economic Outlook.