Merchandise trade continued to slow in most major economies in the third quarter of 2012 compared to the second quarter of 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.
Composite leading indicators (CLIs) continue to point to weak growth prospects in many major economies, but signs of stabilisation are emerging in Canada, China and the United States.
A major step forward towards putting the measurement of well-being at the heart of policy-making was taken at a four-day international conference which ended in New Delhi today.
Real GDP growth in the OECD area slowed to 0.2% in the second quarter of 2012, compared with 0.4% in the first quarter.