National accounts

Quarterly National Accounts - GDP Growth - Third Quarter 2012, OECD

 

OECD GDP growth steady at 0.2% in third quarter of 2012

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21/11/2012 - Provisional estimates show that quarterly gross domestic product (GDP) in the OECD area grew by 0.2% in the third quarter of 2012, the same rate as in the previous quarter, but with continuing diverging patterns across countries.

In the United States, growth accelerated to 0.5%, compared with 0.3% in the second quarter. In the United Kingdom, the London Olympic and Paralympic games boosted growth which accelerated to 1% compared with a contraction of (minus) 0.4% in the previous quarter. Growth also picked up in France to 0.2%, compared with minus 0.1% in the previous quarter.

Gross domestic product

Percentage change on the previous quarter, seasonally adjusted data

QNA, GDP Growth500, ENG, 11/2012

 

Note: Growth rate presented in this chart are based on data with more than one decimal.

 - Source: Quarterly National Accounts: Quarterly growth rates of real GDP

 

       
 

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Next publication date: fourth week of February 2013

 
 

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Contacts
For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or news.contact@oecd.org;  others should contact the Statistics Directorate on stat.contact@oecd.org.

 
 

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More information on quarterly national accounts at www.oecd.org/std/qna
 

 

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