OECD/Contributions to GDP growth: first quarter 2017, Quarterly National Accounts/6 July 2017
Real GDP in the OECD area increased by 0.5% in the first quarter of 2017, compared with 0.7% in the previous quarter, according to provisional estimates, mainly reflecting reduced contributions from private consumption (0.2 percentage point against 0.5 in the previous quarter) and investment (0.2 percentage point against 0.3). Net exports provided an additional 0.1 percentage point to overall GDP growth while the contributions from government consumption and stock building were negligible.
Relevant Posts
- Eurostat/GDP up by 0.6% in both the euro area and the EU28/9 June 2017
- OECD/GDP Growth – First quarter of 2017/ 22 May