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Private consumption main driver of OECD GDP growth in third quarter of 2011

13/01/2012 - Real GDP in the OECD area grew by 0.6% in the third quarter of 2011. Private consumption was the main contributor for the OECD as a whole, adding 0.3 percentage point, with net exports and gross fixed capital formation each contributing 0.2 percentage point. Destocking reduced overall GDP growth by 0.1 percentage point.