OECD Report: China, Brazil Stabilizing Economically

Economy Watch

The OECD's newest Economic Outlook report foresees gradual economic improvement through the coming year in the previously booming economies of China and Brazil, while the forecast for the US, the UK, and Russia is less optimistic. India, on the other hand, is expected to experience significantly accelerated growth. Read the article by Economy Watch here.

Economic data

GDP growth: -1.8% Q1 2020/Q4 2019
Consumer price inflation: 0.9% Apr 2020 annual
Trade (G20): -4.3% exp, -3.9% imp, Q1 2020/Q4 2019
Unemployment: 8.4% Apr 2020
Last update: 9 July 2020

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