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The OECD unemployment rate was stable at 8.0% in April 2013, unchanged from the previous month.
Access the full database of consumer opinion and business tendency indicators for all sectors of the economy covering OECD countries, China, Brazil, Indonesia, India, South Africa and Russia. The series are updated continuously.
Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to moderate improvements in growth in most major economies.
Consumer prices in the OECD area rose by 1.3% in the year to April 2013, the lowest annual inflation rate since October 2009. Energy prices fell to 1.3% in the year to April, compared with an increase of 0.9% in the year to March. On the other hand, annual food price inflation rose by 2.0% in April, up from 1.7% in March. Excluding food and energy, the OECD annual inflation rate slowed to 1.4% in April, compared with 1.6% in March.
Merchandise trade growth increased in the major economies during the first quarter of 2013. Compared to the fourth quarter of 2012, the value of merchandise imports and exports for the total of G7 and BRICS countries increased by 1.3% and 2.8%, respectively.
A High Level Expert Group is to be set up to continue the work of the Stiglitz-Sen-Fitoussi Commission on Measuring Economic Performance and Social Progress.
Global Value Chains (GVCs) have exploded in the past decade and refer to the international dispersion of design, production, assembly, marketing and distribution of services, activities, and products. Different stages in the production process are increasingly located across different economies, and intermediate inputs like parts and components are produced in one country and then exported to other countries for further production
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This document was prepared for the purposes of the accession review by the Committee on Statistics and presents an assessment of the statistical system and statistics of the Russian Federation undertaken by the OECD. It covers key statistical domains.
Provisional estimates show that quarterly gross domestic product (GDP) in the OECD area fell by 0.2% in the fourth quarter of 2012, after a 0.3% increase in the previous quarter. This is the first contraction of GDP in the OECD area since the very sharp decline in the first quarter of 2009 (minus 2.3%).
The OECD unemployment rate decreased to 8.0% in March 2013, compared with 8.1% in the previous month. However, this small decline masks diverging patterns across countries.