OECD: the economic growth of the G7s has reached its peak

By: trademagazin Date: 2011. 08. 09. 12:27

Probably the economic growth has reached its peak in the world's seven largest economies after the growth began after the global economic crisis started in 2008 – shows the study of the Organization for Economic Cooperation and Development (OECD).

This means that weakening economic activity has begun in the euro area. The overall business climate index in the OECD, decreases for the third month in June. Without exception, fell in the largest industrial states, in the United States, Canada, Japan, Britain, France, Germany and in Italy. The organization expects negative trend turns also in Brazil, India and China – reports Világgazdaság Online.

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