OECD: growth in Italy below average

18/2/2011 00:00:00

According to OECD calculations, in Italy the recovery slowed down from 0.3% last quarter to 0.1%, remaining below the OECD average. Declining growth in Germany (0.4% versus 0.7% last year), while France remained stable at 0.3%. U.S. alone is in contrast, passing from 0.6% in the third quarter to 0.8%. Throughout the year 2010, GDP growth in the OECD area was 2.9% (it was 3.5% in 2009).

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