OECD Economic Outlook, Volume 2008 Issue 1
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OECD Economic Outlook, Volume 2008 Issue 1

This June 2008 issue of OECD's twice-yearly OECD Economic Outlook provides analysis of recent economic developments and economic projections for OECD and major non-OECD countries through the end of 2008. Its comprehensive statistical annex is a useful reference tool for international economic comparisons. The special chapter examines the implications of supply-side uncertainties for economic policy.
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OECD

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GDP growth is likely to decelerate in 2008 -- mostly reflecting the lagged effects of a weakening global economic environment and euro appreciation -- before picking up at the end of the year as the world economy recovers. Headline inflation is projected to remain above 2% for most of the projection period, reflecting the pass-through effects of high energy and food prices.
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