Private consumption main driver of OECD GDP growth in the first quarter of 2012
Download the entire news release (PDF 85KB)
05/07/2012 - Real GDP growth in the OECD area increased by 0.4% in the first quarter of 2012, compared with 0.3% growth in the previous quarter. Private consumption was the main contributor with 0.3 percentage point, while government consumption, gross fixed capital formation and net exports contributed 0.1 percentage point each. Destocking continued from the previous quarter, dragging down GDP growth by 0.1 percentage point.
|
Contributions to OECD real GDP growth
Percentage points
|
|
|
|
Link to underlying data - Source: Quarterly National Accounts: GDP Contributions to real GDP growth
|
Follow us
E-mail Alerts Blogs