Independent journal on economy and transport policy
08:07 GMT+1
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Weak recovery in the environment of several OECD economies, but the resurgence of the Covid-19 pandemic alarms
THE GDP of the OECD's major economies will continue to remain below the average trend of long-term economic activity
October 8, 2020
The OECD has specified that if the current ESRIs relating to economies of France and Germany report a stabilisation of growth, those of the US, Japan, UK, Canada and Italy continue to point to moderate growth as well as - between major emerging economies - those of India and Russia and also Brazil, although for the latter economy - he pointed out OSCE - the expected GDP level is above the trend. As for the Chinese economy, the OECD has specified that the production activity is aimed at stabilising growth.
The OECD also specified that forecasts are subject to considerable uncertainty given that the resurgence of the pandemic in many nations plan to adopt possible new measures to may contain infections that could lead to a contraction in economic activity, factors - the OECD clarified - may not be fully taken into account in the current indicators used for the formulation of CLI indices.
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The OECD has specified that if the current ESRIs relating to economies of France and Germany report a stabilisation of growth, those of the US, Japan, UK, Canada and Italy continue to point to moderate growth as well as - between major emerging economies - those of India and Russia and also Brazil, although for the latter economy - he pointed out OSCE - the expected GDP level is above the trend. As for the Chinese economy, the OECD has specified that the production activity is aimed at stabilising growth.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
