Private consumption and investment main drivers of slowdown in OECD GDP growth in first quarter of 2017
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06/07/2017 – Real GDP in the OECD area (see note) 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 stockbuilding were negligible.
Note: Contributions data presented in this chart are based on data with more than one decimal.