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G20 growth slows to 0.7% in second quarter of 2019

Quarterly GDP in volume terms for the G20 economies
Percentage change on the previous quarter, s.a.

G20 growth slows to 0.7% in second quarter of 2019‌‌

12/09/2019 - Growth of real gross domestic product (GDP) in the G20 area slowed to 0.7% in the second quarter of 2019, compared with 0.8% in the previous quarter, according to provisional estimates. 

GDP contracted in the United Kingdom and Germany (by 0.2% and 0.1%, respectively, in the second quarter, compared with increases of 0.5% and 0.4% in the previous quarter). GDP growth also slowed in Turkey (to 1.2%, from 1.6%), India (to 1.0%, from 1.3%), the United States (to 0.5%, from 0.8%), Japan (to 0.3%, from 0.5%), Italy (to 0.0%, from 0.1%), and the European Union (to 0.2%, from 0.5%). 


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