Outlook summary

 200720082009
    
Real GDP growth (% change)  
United States2.22.02.2
Japan1.91.61.8
Euro area2.61.92.0
Total OECD2.72.32.4
    
Inflation* (%)   
United States2.62.12.0
Japan-0.5-0.30.3
Euro area2.22.22.3
Total OECD2.32.12.1
    
Unemployment (%)   
United States4.65.05.0
Japan3.83.73.6
Euro area6.86.46.4
Total OECD5.45.45.3
    
Current account balance (% of GDP) 
United States-5.6-5.4-5.3
Japan4.74.85.2
Euro area0.2-0.1-0.2
Total OECD-1.4-1.4-1.4
    
Short-term interest rate (%)  
United States5.34.64.7
Japan0.70.60.9
Euro area4.34.24.1
    
World trade growth (% change)7.08.18.1



Economic data

GDP growth: +0.5% Q2 2019 year-on-year
Consumer price inflation: 1.6% September 2019 annual
Trade: -1.9% exp, -0.9% imp, Q2 2019
Unemployment: 5.2% September 2019
Last update: 18 November 2019

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