G20 growth

Published June 14, 2012

PARIS, June 13: The G20 group of wealthy and emerging economies saw a slight pickup in economic growth in the first quarter of 2012 but Chinese growth slowed and the EU was stagnant, the OECD said on Wednesday.

Growth across the G20 was 0.8 per cent, compared with 0.7 per cent in the last quarter of 2011, the Organisation for Economic Cooperation and Development said in a statement.

“This small pickup in aggregate G20 GDP (gross domestic product) growth still masks diverging patterns among the world's largest economies however,” it said.—AFP

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