{"id":492564,"date":"2024-09-12T13:35:24","date_gmt":"2024-09-12T17:35:24","guid":{"rendered":"https:\/\/www.investmentexecutive.com\/?p=492564"},"modified":"2024-09-12T13:35:24","modified_gmt":"2024-09-12T17:35:24","slug":"g20s-gdp-growth-ticked-down-in-q2-oecd","status":"publish","type":"post","link":"https:\/\/www.investmentexecutive.com\/news\/research-and-markets\/g20s-gdp-growth-ticked-down-in-q2-oecd\/","title":{"rendered":"G20&#8217;s GDP growth ticked down in Q2: OECD"},"content":{"rendered":"<p>Economic growth for the G20 downshifted slightly in the second quarter, according to new data from the Organization for Economic Cooperation and Development (OECD).<\/p>\n<p>The OECD reported that GDP growth in the G20 came in at 0.7% on a quarter-over-quarter basis, down a bit from 0.8% in the previous quarter.<\/p>\n<p>On an annual basis, G20 growth came in at 3.1%, down slightly from 3.2% in the first quarter.<\/p>\n<p>The U.S., along with China and India, drove G20 growth in the second quarter, the group said, with U.S. growth accelerating to 0.7% in the quarter, up from 0.4% in the first three months of the year.<\/p>\n<p>China recorded 0.7% growth too, while India&#8217;s output rose by 1.3%.<\/p>\n<p>Additionally, the OECD noted that &#8220;Japan saw a significant recovery&#8221; in the second quarter, as it reversed a 0.6% contraction in the first quarter and recorded a 0.7% expansion.<\/p>\n<p>&#8220;The remaining G20 countries experienced weaker growth than the G20 as a whole,&#8221; it said. Korea and Germany both recorded economic contractions in the second quarter, it added.<\/p>\n<p>Canada generated 0.5% growth, while European GDP overall was up just 0.2%, compared with 0.3% in the previous quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stronger growth in U.S., China and India led the way <\/p>\n","protected":false},"author":147314,"featured_media":474851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2313,2312],"tags":[2395,2944,2505,2566,3624,3859],"yst_prominent_words":[6837,28100,27318,24000,20973,19737,11861,10007,9899,8683,8671,8041,1695,4878],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/492564"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/147314"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=492564"}],"version-history":[{"count":4,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/492564\/revisions"}],"predecessor-version":[{"id":492598,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/492564\/revisions\/492598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media\/474851"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=492564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=492564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=492564"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=492564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}