Growth in OECD Unit Labour Costs picks up to 0.5% in the second quarter of 2016
G20 GDP growth stable in Q2 2016
OECD unemployment rate stable at 6.3% in July 2016
Composite leading indicators point to stable growth momentum in the OECD area
OECD annual inflation slows marginally to 0.8% in July 2016
G20 merchandise trade in Q2 2016 shows first modest growth since early 2014
OECD GDP growth slows to 0.3% in second quarter of 2016
OECD annual inflation slightly up to 0.9% in June 2016
OECD Economics Department Working Papers, N. 1313 - This paper compares the short-term forecasting performance of state-of-the-art large-scale dynamic factor models (DFMs) and the small-scale bridge models routinely used at the OECD.
The OECD collects and disseminates balance of payments statistics for all OECD countries, the major emerging economies and key aggregates e.g. the OECD total, G7. Data are collected for all the major balances, inflows and outflows in the current, capital and financial accounts. The current account components are also presented seasonally adjusted.