The OECD’s economic growth slowed in the third quarter

By: Trademagazin editor Date: 2019. 11. 20. 11:09

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The combined economic growth of the OECD member countries slowed down in the third quarter, compared to the previous quarter.

According to tentative data posted on the Organization for Economic Cooperation and Development’s (OECD) website on Tuesday, GDP growth was 0.3 percent in the third quarter, after the 0.4 percent in the second quarter and 0.6 percent in the first quarter.

In annual terms, the OECD’s economic growth was 1.6 percent in the third quarter, similar to the second quarter. GDP grew by 1.7 percent in the first quarter. (MTI)