资源环境科技发展态势分析平台

OECD GDP growth slows to 0.5% in third quarter of 2018

Download the entire news release (PDF 120KB)

20/11/2018 - Growth of real gross domestic product (GDP) in the OECD area slowed to 0.5% in the third quarter of 2018, compared with 0.7% in the previous quarter, according to provisional estimates.

Among the Major Seven economies, GDP contracted in Japan and Germany (by 0.3% and 0.2%, respectively, from 0.8% and 0.5% growth in the previous quarter).

GDP growth slowed marginally in the United States (to 0.9%, from 1.0%) and Italy (to 0.0%, from 0.2%) but accelerated slightly in the United Kingdom (to 0.6% from 0.4%) and France (to 0.4% from 0.2%). 

However, GDP growth slowed in the European Union and the euro area (to 0.3% and 0.2%, respectively, compared with 0.5% and 0.4% in the second quarter). 

Year-on-year GDP growth for the OECD area slowed for the fourth consecutive quarter (to 2.4%). Among the Major Seven economies, the United States recorded the highest annual growth (3.0%), while Japan recorded the lowest annual growth (0.4%)

• Next publication date: 19 February 2019
• Contacts
• 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.
• Link to previous news releases
• More information on quarterly national accounts at www.oecd.org/std/qna
  
  

‌ 

@OECD_STAT