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Real GDP growth in the OECD area slowed to 0.2% in the second quarter of 2012, compared with 0.4% in the first quarter.
The OECD unemployment rate was at 7.9% in August 2012, broadly the same rate observed since January 2011.
Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, show that the loss of momentum is likely to persist in the coming quarters in most major OECD and non-OECD economies.
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Annual inflation in the OECD area rose by 2.0% in the year to August 2012, up from 1.9% in the year to July 2012. This slight increase in the annual rate of inflation – first increase since August 2011 - masked opposing movements in energy and food prices.
21-September-2012
English
Martine Durand, Chief Statistician and Director of Statistics Directorate
20-September-2012
English
Unit labour costs (ULCs) in the OECD area rose by 0.3% in the second quarter of 2012, driven by continued increases in labour compensation per unit of labour input.
13-September-2012
English
Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, show that the loss of momentum is likely to persist in the coming quarters in most major OECD and non-OECD economies.
13-September-2012
English
Quarterly Gross Domestic Product (GDP) growth in the G20 area slowed to 0.6% in the second quarter of 2012 compared with 0.7% in the first quarter. This marks the third consecutive quarter of slowing growth in the G20 area but masks diverging patterns across economies.
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