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OECD GDP growth slows to 0.3% in second quarter of 2016

Gross domestic product
Percentage change on the previous quarter, s.a.

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25/08/2016 - Growth of real gross domestic product (GDP) in the OECD area slowed slightly to 0.3% in the second quarter of 2016, down from 0.4% in the previous quarter, according to provisional estimates. 

Growth slowed in most Major Seven economies in the second quarter of 2016, with the exception of the United Kingdom (pre-Brexit) and the United States, where growth picked-up to 0.6% and 0.3%, respectively, compared with 0.4% and 0.2% in the previous quarter.

 

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