Strong growth in Japan pushes OECD GDP growth to 0.6% in the third quarter of 2011
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17/11/2011 - Provisional figures show that gross domestic product (GDP) in the OECD area rose by 0.6% in the third quarter of 2011, against 0.3% in the previous quarter. The key reason for the increase in the OECD growth rate, as compared to the second quarter, was the strong growth in Japan (1.5%) in the third quarter, partly due to a technical rebound after the earthquake disaster. This strong growth in Japan followed three consecutive quarters of contraction.
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* Latest quarter not yet available for Canada and Italy.
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Link to underlying data - Source: Quarterly National Accounts: Quarterly growth rates of real GDP
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