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OECD GDP growth jumps to 0.6% in first quarter of 2019

Gross Domestic Product 
Percentage change on the previous quarter, s.a.

Gross domestic product, Percentage change on the previous quarter, seasonally adjusted data‌‌‌‌‌‌‌‌

22/05/2019 - Growth of real gross domestic product (GDP) in the OECD area picked up strongly to 0.6% in the first quarter of 2019, double the 0.3% rate of the previous quarter, according to provisional estimates. 

Among the Major Seven economies, GDP growth accelerated markedly in Germany (to 0.4% after 0.0% in the previous quarter), Italy (0.2%, from minus 0.1%), the United Kingdom (0.5%, from 0.2%) and the United States (0.8%, from 0.5%). It picked up marginally in Japan (0.5%, from 0.4%) and was stable in France (at 0.3%, for the third consecutive quarter). 


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