Investment Executive on Nostr: Growth remained weak in Q4: OECD ========== Economic growth in the OECD area rose by ...
Growth remained weak in Q4: OECD
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Economic growth in the OECD area rose by 0.4% in Q4 2023. For the G7 countries, quarter-over-quarter GDP growth slowed to 0.4% in Q4, down from 0.5% in the previous quarter. The UK, Germany, and Japan experienced contraction in growth, while the US saw positive growth but at a slower rate. Canada saw a recovery in Q4 with growth at 0.3%. Initial estimates indicate that GDP rose 1.6% in 2023, down from 2.9% in 2022. The US and Japan recorded higher annual growth in 2023. The OECD noted higher core inflation and tighter monetary policy as factors affecting growth.
#Oecd #Gdp #EconomicGrowth #G7 #Canada #Us #Japan
https://www.investmentexecutive.com/news/research-and-markets/growth-remained-weak-in-q4-oecd/
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Economic growth in the OECD area rose by 0.4% in Q4 2023. For the G7 countries, quarter-over-quarter GDP growth slowed to 0.4% in Q4, down from 0.5% in the previous quarter. The UK, Germany, and Japan experienced contraction in growth, while the US saw positive growth but at a slower rate. Canada saw a recovery in Q4 with growth at 0.3%. Initial estimates indicate that GDP rose 1.6% in 2023, down from 2.9% in 2022. The US and Japan recorded higher annual growth in 2023. The OECD noted higher core inflation and tighter monetary policy as factors affecting growth.
#Oecd #Gdp #EconomicGrowth #G7 #Canada #Us #Japan
https://www.investmentexecutive.com/news/research-and-markets/growth-remained-weak-in-q4-oecd/