Economy

Quarterly National Accounts - Contributions to GDP growth - First quarter 2012, OECD

 

Private consumption main driver of OECD GDP growth in the first quarter of 2012


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05/07/2012 - Real GDP growth in the OECD area increased by 0.4% in the first quarter of 2012, compared with 0.3% growth in the previous quarter. Private consumption was the main contributor with 0.3 percentage point, while government consumption, gross fixed capital formation and net exports contributed 0.1 percentage point each. Destocking continued from the previous quarter, dragging down GDP growth by 0.1 percentage point.

Contributions to OECD real GDP growth

Percentage points

Link to underlying data - Source: Quarterly National Accounts: GDP Contributions to real GDP growth

 

       
 

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Next publication date: 11 October 2012

 
 

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More information on quarterly national accounts at www.oecd.org/std/qna
 

 

 

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