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    14.03.2016 14:17 Preliminary real GDP of G 20 area falls to 0.7% in the fourth quarter

    The Organization for Economic Cooperation and Development (OECD) released its preliminary real gross domestic product (GDP) growth figures on Monday. Real GDP of G 20 area fell to 0.7% in the fourth quarter from 0.8% in the third quarter.

     

    Real GDP of the United States was down to 0.3% in the fourth quarter from 0.5% in the third quarter, real GDP of Germany remained unchanged at 0.3%, while Britain's economy increased to 0.5% from 0.4%.

     

    GDP of France remained unchanged at 0.3% in the fourth quarter, China's GDP decreased to 1.6% from 1.8%, while Japan's GDP dropped to --0.3% from 0.3%.

     

     

    Eurozone's economy expanded at 0.3% in the fourth quarter, after a 0.3% rise in the third quarter.

     

    On a yearly basis, GDP of G 20 area was up 3.0% in the fourth quarter, after a 3.1% gain in the previous quarter.

     

    In 2015 as whole, GDP of G 20 area increased 3.2%, after a 3.3% growth in 2014.


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