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News Release
OECD composite leading indicators (CLIs) for December 2009 provide stronger signals of an expansionary economic outlook than last month.
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Higher energy prices push annual inflation in OECD area up to 2.1%
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Strong GDP growth in the United States and Japan but slowdown in the euro area
Unit labour costs in the total economy rose 0.3% in OECD countries in the third quarter of 2009, the same rate of growth as in the previous quarter.
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The unemployment rate for the OECD area was 8.8% in December 2009, unchanged from the previous month but up by 1.8 percentage points from a year earlier.
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