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OECD GDP growth stable at 0.4% in the first quarter of 2016

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

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20/05/2016 - Growth of real gross domestic product (GDP) in the OECD area was unchanged, at 0.4%, in the first quarter of 2016, but with diverging growth patterns across major economies, according to provisional estimates.  

In the United Kingdom and the United States, growth decelerated to 0.4% and 0.1%, respectively in the first quarter, compared with 0.6% and 0.3% in the previous quarter.

 

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