• Real GDP in the OECD area climbs 0.4% in the second quarter

Market news

26 August 2015

Real GDP in the OECD area climbs 0.4% in the second quarter

The Organization for Economic Cooperation and Development (OECD) released its real gross domestic product (GDP) growth figures on Wednesday. Real GDP of 34 OECD member countries rose 0.4% in the second quarter, after a 0.5% gain in the first quarter.

Real GDP of the United States was up 0.6% in the second quarter, real GDP of Germany rose to 0.4%, while Britain's economy climbed to 0.7%.

GDP of France remained flat in the second quarter, Italy's economy increased 0.2%, while Japan's GDP was down 0.4%.

Eurozone's economic growth remained unchanged at 0.4% in the second quarter.

On yearly basis, GDP of 34 OECD member countries remained unchanged at 2.0% in the second quarter.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.