By Anadolu Agency
May 23, 2023 8:11 amDOHA, Qatar
The gross domestic product in the Organization for Economic Cooperation and Development (OECD) region increased by 1.5% in the first quarter on a yearly basis, the international body said on Tuesday.
The GDP growth rates were at 1.2% in the EU, 1.3% in the euro area, and 1.2% in the Group of Seven, the OECD said in a statement.
Among G-7 countries, the highest growth rate was posted by Canada with 2.1%, while the German economy contracted by 0.1% year-on-year in the first quarter.
On a quarterly basis, the OECD economy grew 0.4% in the first quarter.
The growth rates were at 0.2% in the EU, 0.1% in the eurozone, and 0.3% in the G-7.
We use cookies on our website to give you a better experience, improve performance, and for analytics. For more information, please see our Cookie Policy By clicking “Accept” you agree to our use of cookies.
Read More