GDP growth in OECD countries slowed in the first quarter
GDP grew by 1.1 percent in the third quarter of last year, 1.7 percent in the second quarter, and 0.8 percent in the first quarter.
More narrowly, the G7 economy contracted 0.1 percent in the first quarter of this year after rising 1.2 percent in the previous three months. Within this, US GDP fell 0.4 percent (up 1.7 percent in the fourth quarter), Japan fell 0.2 percent (0.9 percent), according to the OECD website.
Related news
Food price growth slowed to 8.1 percent in the OECD
In the countries belonging to the Organization for Economic Cooperation…
Read more >Márton Nagy: Hungary is building an industrial-based economy
Hungary is building an industrial-based economy, concentrating on the manufacturing…
Read more >Related news
KSH: retail turnover decreased by 6.5 percent compared to the same period of the previous year and decreased by 0.3 percent compared to the previous month
In October 2023, according to both raw and calendar-adjusted data,…
Read more >MBH: the prospects for the Hungarian food industry continued to improve in the third quarter
This year, after the strengthening experienced in the first half…
Read more >From April 1, the manual deposit return system can start in small shops that join voluntarily
According to the plans of MOHU MOL Waste Management Zrt.,…
Read more >