OECD Home › Statistics Directorate › National accounts › Quarterly National Accounts - GDP Growth - Second Quarter 2012, OECD
OECD GDP growth slows to 0.2% in second quarter of 2012
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27/08/2012 - Provisional estimates show that quarter-on-quarter growth in gross domestic product (GDP) in the OECD area slowed to 0.2% in the second quarter of 2012, compared with 0.5% in the previous quarter.
GDP growth fell sharply in Japan (to 0.3%, compared with 1.3% in the previous quarter) and continued to slow in the United States (to 0.4%, compared with 0.5% in the previous quarter). In both the Euro area and the European Union as a whole, GDP contracted by (minus) 0.2% after having been stable in the first quarter.
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Gross domestic product Percentage change on the previous quarter, seasonally adjusted data |
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Note: Growth rate presented in this chart are based on data with more than one decimal. |
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Link to underlying data - Source: Quarterly National Accounts: Quarterly growth rates of real GDP |
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Next publication date: 21 November 2012 |
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More information on quarterly national accounts at www.oecd.org/std/qna
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