OECD annual inflation picks up to 1.5% in November 2013. This increase in the annual rate of inflation was mainly driven by energy prices which increased by 0.1% in the year to November, compared with a decrease of 1.3% in the year to October.
OECD Unit labour costs stable in the third quarter of 2013
G20 GDP growth picks up to 0.9% in third quarter of 2013; up from 0.8% recorded in the previous quarter, according to preliminary estimates.
OECD unemployment rate stable at 7.9% in October 2013. Unchanged from the two previous months. Across the OECD area, 47.8 million persons were unemployed in October 2013, 13.1 million more than in July 2008.
Composite leading indicators point to an improving economic outlook in most major economies