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GDP Growth – Second quarter of 2017

OECD/GDP Growth – Second quarter of 2017/28 August 2017

Quarterly growth of real gross domestic product (GDP) in the OECD area accelerated to 0.7% in the second quarter of 2017, compared with 0.5% in the previous quarter, according to provisional estimates.

Among the Major Seven economies, in the second quarter of 2017, GDP growth accelerated strongly in Japan (to 1.0%, compared with 0.4% in the previous quarter) and the United States (to 0.6%, compared with 0.3%), while only slightly in the United Kingdom (to 0.3%, compared with 0.2%).

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