The OECD again worsened forecasts for global economic growth

Within three months, the OECD worsened the global economic growth prospects for the second time, on the “basis of the disappointing recent data.”

The Organisation for Economic Co-operation and Development (OECD) announced on Thursday in its communication that contains the growth prospects of the G7 countries, China, India, Brazil and the euro zone that the world's economic growth rate this year will be 3 percent, 0.3 percentage points lower than projected in November, which is also 0.3 percentage point lower increase, compared with the previous expectations of the OECD. (MTI)