Tag "OECD"

Unemployment has fallen in OECD countries

Unemployment in the countries of the Organization for Economic Co-operation and Development (OECD) fell for the eighth consecutive month last December, falling to 5.4 percent from 5.5 percent in November....

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Inflation in the OECD is at a 30-year high

In the countries belonging to the Organization for Economic Co-operation and Development (OECD), the annual increase in consumer prices was 6.6 percent in December after 5.9 percent in November. The...

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Employment rose to 68 percent in the third quarter in OECD countries

In the Organization for Economic Co-operation and Development (OECD), employment was 68 percent in the third quarter of last year, up 0.6 percentage points from the previous quarter, according to...

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Unemployment in the OECD fell to 5.5 percent

Unemployment in the Organization for Economic Co-operation and Development (OECD) fell to an average of 5.5 percent in November last year from 5.7 percent in October, the rate has fallen...

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Inflation is at a 25-year high in the OECD

In the countries of the Organization for Economic Co-operation and Development (OECD), consumer prices rose by 5.8 percent year-on-year in November, after an average of 5.2 percent in October, the...

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This new tax will also be introduced in Hungary from 2023: here are the details

On 20 December, the OECD published the rules of the final model for the global minimum corporate tax. The model rules are based on consensus from more than 135 countries...

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According to the OECD, the global economy will slow down in the next two years, including in Hungary

The OECD expects global economic growth to slow in the next two years compared to this year, with higher and more persistent inflation in the economic outlook being the biggest...

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The unemployment rate in the OECD has fallen

The unemployment rate in the 37 member states of the Organization for Economic Co-operation and Development (OECD) fell from 6 percent in August to 5.8 percent in September. According to...

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OECD: world’s gross domestic product has reached pre-crisis levels

Global gross domestic product has already reached pre-crisis levels in the second quarter of this year, according to the OECD. In its latest global economic growth forecast released on Tuesday...

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The unemployment rate in the OECD fell in July

The unemployment rate in the 37 member states of the Organization for Economic Co-operation and Development (OECD) fell to 6.2 percent in July, compared with an average of 6.4 percent...

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Consumer price growth accelerated in OECD countries in July

In the Member States of the Organisation for Economic Co-operation and Development (OECD), annual consumer price growth accelerated to 4.2 percent in July from 4 percent in June....

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The GDP of OECD member countries has still not reached pre-pandemic levels

Domestic product (GDP) in the 37 member states of the Organization for Economic Co-operation and Development (OECD) still did not reach pre-coronavirus levels, although economic growth accelerated in the second...

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Consumer price inflation has accelerated in OECD countries

In the member states of the Organization for Economic Co-operation and Development (OECD), consumer price inflation accelerated to 3.8 percent year-on-year in May from 3.3 percent in April. The figure...

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Consumer price inflation accelerated in April in OECD countries

In the member states of the Organization for Economic Co-operation and Development (OECD), consumer price inflation accelerated to 3.3 percent in April from 2.4 percent year-on-year in March. In February,...

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The OECD has improved Hungary’s growth forecast

The OECD has improved its economic growth forecast for Hungary this year, acknowledging the positive effects of economic protection subsidies and high vaccination during the pandemic. The latest half-yearly forecast...

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OECD economic growth slowed in the first quarter

The combined economic growth of OECD member countries slowed significantly in the first quarter of this year, compared to the last quarter of last year. According to the website of...

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OECD: The world economy needs to be rebuilt on new foundations

In view of the coronavirus pandemic and its dramatic consequences, the OECD recommends rebuilding the economy on a new foundation in order to strengthen resilience to crisis situations. OECD Secretary-General...

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OECD: Economic growth in the G20 slowed in the last quarter of last year

Economic growth in the G20, which brings together the 19 largest economies and the European Union, slowed in the last quarter of last year, compared with the previous quarter. According...

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Unemployment has stagnated in OECD countries

Unchanged from December, the unemployment rate remained at 6.8 percent in January in the 37 member states of the Organization for Economic Co-operation and Development (OECD). According to data posted...

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Consumer price inflation has accelerated in OECD countries

In the member states of the Organization for Economic Co-operation and Development (OECD), consumer price inflation accelerated to 1.5 percent year-on-year in January from 1.2 percent in December. In January,...

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OECD economic growth slowed in the fourth quarter

The combined economic growth of OECD member countries slowed significantly in the fourth quarter, compared with the previous quarter. According to data from the Organization for Economic Co-operation and Development...

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Inflation in OECD countries was 1.2 percent in December

In the member states of the Organization for Economic Co-operation and Development (OECD), an annual consumer price increase of 1.2 percent was measured in December for the third consecutive month....

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Inflation in OECD countries slowed to 1.2 percent in October

In the member states of the Organization for Economic Co-operation and Development (OECD), the annual growth rate of consumer prices was 1.2 percent in October after 1.3 percent in September....

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The economic performance of OECD member countries increased significantly in the third quarter

The economic performance of the 37 member states of the Organization for Economic Co-operation and Development (OECD) increased significantly in the third quarter compared with the second quarter, when the...

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Inflation remained at 1.3 percent in OECD countries

In the member states of the Organization for Economic Co-operation and Development (OECD), the annual growth rate of consumer prices was 1.3 percent in September, the same as in August....

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An agreement on uniform taxation of the digital economy could be reached next summer

Today, the finance ministers of the G20 countries are discussing the package of proposals announced recently by the OECD, which aims to tax the digital economy and introduce a uniform...

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The OECD expects global GDP to fall less than expected this year

The OECD expects a smaller global economic downturn than previously forecast in June, mainly due to better-than-expected performance by China and the United States in the first six months as...

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The unemployment rate in OECD countries fell in July

The average unemployment rate in the members of the Organization for Economic Co-operation and Development (OECD) fell to 7.7 percent in July from the 8 percent in June. According to...

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