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Statistics: Fourth consecutive quarter of GDP growth in the OECD area

Mon, 05/31/2010 - 9:25am
OECD

Fourth consecutive quarter of GDP growth in the OECD area

Download the entire news release (PDF 120KB)

31/05/2010 - Gross domestic product (GDP) in the OECD area rose by 0.7% in the first quarter of 2010, the fourth consecutive quarter of growth for the area.

Strong GDP growth continued in the United States (0.8%) and Japan (1.2%). GDP growth was more subdued in both the Euro area and the European Union (0.2%). Italy returned to positive GDP growth in the first quarter of this year (0.5%), after the small decline of the previous quarter, while the pace of the recovery eased in both France and the United Kingdom and was unchanged in Germany.

Gross domestic product

Percentage change on the previous quarter, seasonally adjusted data

Click here to access underlying data

* Latest quarter not yet available

Link to underlying data - Source: Quarterly National Accounts: Quarterly Growth Rates of GDP, volume

The next issue of this press release is scheduled for the third week of August 2010.

For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or news.contact@oecd.org; others should contact the Statistics Directorate on stat.contact@oecd.org.

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