TeleTrade - Analytics

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    The Organization for Economic Cooperation and Development (OECD) released its real gross domestic product (GDP) growth figures on Tuesday. Real GDP of 34 OECD member countries rose 0.3% in the first quarter, after a 0.5% gain in the fourth quarter.

     

     

    Real GDP of the United States was down to 0.1% from 0.5%, real GDP of Germany declined to 0.3% from 0.7%, while Britain's economy slowed to 0.3% from 0.6%.

     

     

    GDP of France climbed to 0.6% from 0.0%, Italy's economy increased 0.3%, while Japan's GDP was up to 0.6% from 0.3%.

     

     

    Eurozone's economy expanded at 0.4% in the first quarter, after a 0.3% rise in the fourth quarter. On a yearly basis,

     

     

    GDP of 34 OECD member countries was up to 1.9% in the first quarter from 1.8% in the previous quarter.


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